virtual corporation

Virtual Corporation

The act in which independent companies work together as an association to accomplish mutually beneficial goals. Virtual cooperation is temporary and may be used for only a single project. However, for the duration of the project, the companies act as if they were a single corporation.

virtual corporation

a firm which minimizes its internal hierarcy and maximizes its dealing with outside (i.e. market) suppliers and customers. Given today's rapidly changing technological and competitive conditions a firm needs to be more flexible in responding to changing business circumstances. To this end the firm should avoid VERTICAL INTEGRATION (and its associated AGENCY COSTS) and OUTSOURCE inputs as much as possible and deal only with independent distributors and dealers, using such new technologies as E-COMMERCE to reduce external TRANSACTION COSTS. See VERTICAL DISINTEGRATION.

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Pittsburgh, provides "hands-on" experience running a virtual corporation.

Metalcasting virtual reality and strategies for growth

3 Manchester, Philip, "Rise of the Virtual Corporation - The Question Is Not Yet, But When?

The future of American corporations

Delayering and team-based systems: Another major trend in virtual corporations is the reported shift away from hierarchical structures of management.

The way we work: change seems to be the only constant in what Americans do for a living and how they do it

A virtual corporation must form cross-company teams focused on specific processes.

Virtuality becoming reality

The new training programs of the virtual corporation may offer a softer and more humane visage to its employees, but it will not offer any soft jobs.

The virtual job

Born from the need for excellent service, a virtual corporation is a collection of companies that come together for a project, then go their own ways after the contract has run its course.

Fire up the terminals: let's move some product; the warehouse of the future will be customized for fast, flexible response in a paperless operations network

The Department of Veterans Affairs needed a tool that was not only flexible and powerful, but one that the user community is comfortable with," said Scott Ream, President of Virtual Corporation, "and the SP software can be modified without programmer support to suit the users and operations processes, instead of having to make changes to the organization to fit the tool.

Virtual Corporation receives VA contract to Support Departments Contingency Plans and Disaster Recovery Planning

Stepping through the electronic doorway, the communicator finds himself or herself in the virtual corporation and the glass house of transparent communication.

WHAT THE Futurists SEE

Contractor relations are vital to any company operating as a virtual corporation.

How virtual corporations manage the performance of contractors: the Super Bakery case

TO PROSPER IN THE GLOBAL marketplace, today's businesses are pioneering a new kind of allied force--the virtual corporation.

Securing the virtual corporation

Virtual Corporation, a software and consulting services company that assists DoD and other Federal agencies to implement sustainable continuity of operations (COOP) and information technology disaster recovery (IT-DR) programs, announced today that it has been awarded a DoD wide Blanket Purchase Agreement (BPA) for the Enterprise Software Initiative to provide Disaster Recovery Software Solutions.

Virtual Corporation Awarded $49 Million DoD BPA for Disaster Recovery Software and Services

The virtual corporation of the future will integrate large, medium and small service partners and customers seamlessly and in real time through a service management hub in the cloud to respond quickly to changing business conditions.