Chapter 4


Virtualization exists in many guises. It happens where workers communicate through a computer network to distant co-workers as part of a virtual team. It happens in a virtual organization whose participants come together temporarily to meet a specific market need. Or it may be any one of a number of similar practices that replace conventional arrangements with new virtual forms. The megatrends identified in Chapter 1 are also factors in creating an increasingly virtual world. Globalization and networking lead to greater collaboration between widely separated business units and organizations, while advances in ICT make this easier to do cost-effectively. The restraints of time and geography ...

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