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Results were as expected and the findings implied that virtual organizations offer a fashionable way of carrying out virtual businesses guaranteeing proper communication between the employees and e-consumers, ensuring low cost management, promising time-saving transactions and assuring a well collaborative environment with safe conduction of e-commerce, all based on some pixels on the computer screen.
Current theories focus on the virtual world which is an online imaginary world or cyberspace world where people live imaginary lives, also called the Second Life, in which they establish and maintain businesses and make real money. The business in a virtual world is referred to as virtual business, the product produced is called virtual product, but the money made is real. In a virtual organization (VO), nothing really exists, or exists “as pixels dancing on the computer screens of people who inhabit the online virtual world” (Hof). Businesses are carried out on personal computers. Businessmen log into their accounts, interact with their employees, get updated about their performances, carry out commerce online, pay salaries using online payment websites, shop online and make sales online. A VO is a complete world in itself, having virtual products, goods and services. It has its own virtual economy which can even let one own a piece of land. The virtual currency can even be converted in to real dollars. VOs have made business possible that only exists in somebody’s brains without the need of tables, desks, chairs, offices, buildings, and cups of tea over meetings.
Research has shown that VOs also play a major role in carrying out e-commerce, very much similar to real world. There are auction sites where one can place bids or sell something that one owns. One makes payments and gets paid online. There are shopping websites that let you shop whatever you want while sitting in the comfort of
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With the advent of the internet technology, the way business is being performed has undergone a sea change. (Konradt & Hoch 2007) Gone are the days when the business meetings used to be conducted under the conference halls and meeting rooms with face to face discussions of the business minds, regarding the various business problems and strategies.
The advantages of using virtual teams include substantial increases in productivity, work-life balance and flexibility, external market opportunity, and knowledge transfer. Increased productivity: If virtual teams are managed and used effectively, the productivity of employees can be enhanced.
At times such typical teams may incorporate members who are distant from each other but are able to meet face-to-face on a regular basis (Hamilton, Hodgkinson & Byatt, 2010). Virtual teams on the other hand can be separated across space and time peripheries and have a very low level if any, of face-to-face interaction.
Virtual project networks enable organizations to pool the talents and expertise of workers and non-workers through eliminating space and time barriers. Today firms are investing heavily on virtual project network to improve on their competitiveness and performance.
Healthcare remains a multifaceted industry that requires a diverse set of healthcare nurse executives to lead initiatives for effectiveness and efficiency in the delivery of patient care. The role of nurse executives remains a dynamic role in leading healthcare organizations in the safety and satisfaction of patients, operational and clinical processes, and results.
Multicultural Organizations. Rapid economic globalization insists that organizations have to have the capacity to operate in diverse cultural settings. Community ceased to labor in a narrow-minded marketplace. Organizations and organizational processes are part of the worldwide economy.
To accomplish these objectives, the paper borrows from various scholarly sources, using examples appropriately to enhance understanding. Introduction The constantly changing technological world has seen organizations take advantage of technological advancement to improve their processes and operations.
There are several studies conducted to evaluate and compare among various useful learning tools contributing to the virtual learning environments. This paper aims at evaluating and comparing among the following four learning tools for a detailed evaluation as well as to provide a potential comparison among them.
Communication plays a vital role in influencing some results in global virtue teams. Face-to-face communication is rare or not there at all thus other forms of communication such as through the internet, fiber optic network as
Nowadays, as many as 83 percent of employees in organizations ranging from small and medium businesses to large corporation often experience remote collaboration. These organizations are becoming increasingly global. This remote collaboration poses new opportunities and challenges for communication in the organizations.
7 Pages(1750 words)Research Paper
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