SUMMARY OF ATTRIBUTES OF THE VIRTUAL ORGANISATION AND ITS BENEFITS AND DRAWBACKS

Attributes Of Virtual Organisation

• Alliance
• ICT
• Vertical Integration
• Globalisation
• Collaboration

Benefits

• Improve flexibility
• Improve the ability to react quickly
• Cost saving on training and setting up a office
• Ability to draw in instant experts and resources

Drawbacks

• High operation cost
• Tight monitoring of team performance
• Cultural barries must be overcome