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MGT 498 Week 4 - Discussion Question 5

by: NUMBER1TUTOR Notetaker

MGT 498 Week 4 - Discussion Question 5 MKT421

Marketplace > Phoenix College > MKT421 > MGT 498 Week 4 Discussion Question 5
Phoenix College
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MGT 498 Week 4 - Discussion Question 5
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This 0 page Bundle was uploaded by NUMBER1TUTOR Notetaker on Friday November 13, 2015. The Bundle belongs to MKT421 at Phoenix College taught by in Fall 2015. Since its upload, it has received 45 views.

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Date Created: 11/13/15
What constitutes a virtual organization How does strategy implementation differ between it and traditional organizations When is one type of organization preferable over the other A virtual organization is a network of individual and independent organizations that are linked through an integrated information technology system that helps the organization overcome the barriers of place and time and can communicate anywhere anytime efficiently Pang 2001 Strategy implementation with virtual organizations is much easier than strategy implementation with traditional organizations because virtual organizations can divide the implementation process and have easy owing communication between each entity Traditional organizations implement the strategy by division within the organization and communication isn t that easy but is more difficult and not owing The advantages and disadvantages of virtual and traditional organizations create preference towards choosing one type of organization Deploying a virtual organization increases the productivity of an organization by over 30 along with reduces the cost of communication and transportation Pang 2001 Implementing virtual organizations helps reduce overall costs and allows the allotment of fundamental competencies to fix the cavities developed from organization creation turnover and maturity However implementing a traditional organization has its own advantages also Traditional advantages allow the direct communication between employees and managers facetoface which is important in a business environment Also traditional organizations allow for full responsibility of assets but also of liabilities and debts References Pang L 2001 Understanding virtual organizations ISACA 6 Retrieved from httpwwwisacaorgJournalPastIssues2001Volume6PagesUnderstandingVirtual Organizationsaspx Retrieved November 3rd 2011


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