Which of the following statements is true of virtual organizations?

Question

Quizplus · Accepted Answer

Virtual organizations usually leverage technology to communicate and collaborate, which allows companies to respond to customers faster and more efficiently. Virtual teams can also be more agile, since they are not constrained by geographical location, which can help speed up product development. The cost of hiring additional employees may not necessarily increase, as virtual teams often consist of freelancers or independent contractors who work on a project or task basis. An organizational hierarchy may not be necessary, as virtual teams may rely more on expertise and collaboration rather than strictly defined roles and job titles.

Which of the Following Statements Is True of Virtual Organizations