You are the CEO of Achilles Incorporation. You have decided to hire other organizations to perform many of the basic functions of your business. You have hired an accounting firm to keep your records, a recruiting firm to handle human resource functions, and a computer firm to handle all records. To keep costs down, you are looking for other areas in which to outsource operations. You have chosen to operate your business as a ________.

Question

Quizplus · Accepted Answer

Achilles Incorporation is operating as a virtual organization, as it outsources many of its basic functions to other organizations to keep costs down. A virtual organization is a company that has little or no physical presence and relies on technology to communicate and coordinate activities with employees, customers, and suppliers located around the world.

You Are the CEO of Achilles Incorporation