|
|
STRATEGIES:
There are several reasons why people are forming virtual companies. They are seeing this as the best way to ensure success in today's business world. Some of the strategies they are using are to share infrastructure and risk, link core competencies, reduce costs through time-sharing, increase facilities and market coverage, gain access to new markets, and migrate to selling solutions [3]. These companies are able to exist without the bricks and mortar by taking advantage of technology by using the Internet for collaboration, communication, gathering information, eCommerce, and marketing.
|
|