When the group of firms view each other as partners and collaborate effectively for the good of the larger group,then they leave established an extended enterprise characterized by virtual integration.

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Virtual integration is a concept in which a group of firms work together and view each other as partners to achieve common goals. This approach allows for efficient collaboration and the sharing of resources and knowledge. When firms establish this kind of extended enterprise, it can lead to improved competitiveness and overall success for the group.

When the Group of Firms View Each Other as Partners