Which of the following management terms is associated with the ideal virtual corporation?
A) vertical integration
B) managerial hierarchy
C) organization chart
D) core competency

Question

Quizplus · Accepted Answer

Core competency is the term associated with the ideal virtual corporation. Virtual corporations rely on outsourcing and strategic alliances to build a network of partners with specialized skills in different areas, allowing the virtual corporation to focus on its core competencies. This approach promotes a flexible and adaptive business model. Vertical integration, managerial hierarchy, and organization chart are more traditional management concepts that may not apply to a virtual corporation.

Which of the Following Management Terms Is Associated with the Ideal