A virtual company
A) uses the capabilities of other companies without being physically tied to those companies.
B) uses Internet technology to maintain a virtual storefront.
C) uses Internet technology to maintain a networked community of users.
D) provides entirely Internet-driven services, or virtual products.

Question

Quizplus · Accepted Answer

A virtual company is a company that uses the capabilities of other companies without being physically tied to those companies, which allows them to be more flexible and cost-effective. This means that they can operate without owning physical assets or a brick-and-mortar store, and instead rely on partnerships and technology to conduct business. While choices B, C, and D also involve the use of Internet technology, they do not fully capture the defining characteristic of a virtual company, which is its reliance on external capabilities rather than internal resources.

A Virtual Company