Wal-Mart provides P&G access to sales information on every item Wal-Mart buys from P&G. The information is collected by P&G on a daily basis from every Wal-Mart store, and P&G uses the information to manage the inventory replenishment for Wal-Mart. This is an example of virtual collaboration between companies.

Question

Quizplus · Accepted Answer

Virtual collaboration refers to the use of technology to collaborate and communicate between individuals or organizations that are not physically located in the same place. In this case, Wal-Mart and P&G are collaborating virtually by sharing sales information through technology.

Wal-Mart Provides P&G Access to Sales Information on Every Item