FACTOID # 133: The top 10 countries for electricity generation using a nuclear energy source are all in Europe.
 
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Encyclopedia > Virtual organization
  • A Virtual Organization is an organization existing as a corporate, not-for-profit, educational, or otherwise productive entity that does not have a central geographical location and exists solely through telecommunication tools.
  • A Virtual Organization comprises a set of (legally) independent organizations that share resources and skills to achieve its mission / goal, but that is not limited to an alliance of for profit enterprises. The interaction among members of the virtual organization is mainly done through computer networks. A Virtual Organization is a manifestation of Collaborative Networks. See also Virtual Enterprise.
  • In business a Virtual Organization is a firm that outsources the majority of its functions; see virtual corporation.
  • In grid computing, a Virtual Organization is a group of individuals or institutions who share the computing resources of a "grid" for a common goal.

  Results from FactBites:
 
Virtual Organization as Process (7421 words)
Virtual organizations are seen as the emerging standard in business, resulting from technological advances and changing expectations on the part of consumers and collaborators.
Virtual corporations are motivated by the economic realities of the information revolution to organize their patterns of relationships around goals or interests that complement those held by other actors regardless of location.
Virtual organization can be distinguished from hierarchical and network forms of organization by its rejection of status boundaries and the lack of importance it ascribes to proximity.
Virtual Organization (2737 words)
Nor can virtual corporations be associated with the hierarchical coordination mechanism, in which recurrent interchange is institutionalized for the long-term by the exercising of managerial authority and the formation of business units.
Virtualness is defined as the ability of the organization to acquire and maintain critical competencies through its design of value-adding business processes and organizational structure.
Virtual organization is not appropriate in a stable market at a time when there are no technological upheavals (c.f.
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