What is a virtual organization?

Question

Quizplus · Accepted Answer

A virtual organization is a type of organization that outsources most or all of its functions to other companies or contractors, and only retains its core functions in-house. This allows it to be more flexible and adaptable to changes in the market, and to focus its resources on the areas where it has the most expertise.

Answer: E 
 Another defining characteristic of a virtual organization is that it has no vertical levels of management. This means that there is no traditional organizational hierarchy, and that decision-making is decentralized and distributed among team members. This allows for greater autonomy and creativity, and can lead to more innovative and efficient solutions to problems.

What Is a Virtual Organization