Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Chapter 8, Problem 4DCS
Summary Introduction
To discuss: The way in which an individual avoid the problem of joining, explain virtual corporation, its advantages and disadvantages.
Introduction:
A virtual corporation is a temporary network of firm, in which firm can join and go any time. Benchmarking is done for the work done by the organizations in the virtual network.
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Students have asked these similar questions
In a group, discuss the following questions:a. What are the advantages and disadvantages of adding a partner versus hiring an employee?b. Assume that you have decided to form a partnership. What articles should be included in a partnership agreement?c. How would you go about finding a partner?
Your task is to decide how these factors would be either a cost or benefit in each of the three types of organizations.
Their level of expertise starting and managing a business: Sole Proprietor Partnership Partnership
Use your knowledge of organizational structure to select the term that best completes each sentence.
If you are starting a new company and need employees to do a variety of things while you make most of the decisions yourself, you would use a organizational structure.
Use your knowledge of organizational structure to select the term that best fits each scenario or description.
If you are working in a consulting company and need to form short-term cross-functional and cross-level project teams to serve client needs, what type of organizational structure should you use?
A. A team-based structure
B. A lattice structure
C. A bureaucratic structure
Chapter 8 Solutions
Understanding Business
Ch. 8.1 - Prob. 8.1AQCh. 8.1 - Prob. 1MEDCh. 8.2 - Prob. 8.2AQCh. 8.2 - Prob. 8.2BQCh. 8.2 - Prob. 1TPCh. 8.2 - Prob. 2TPCh. 8.2 - Prob. 3TPCh. 8.3 - Prob. 8.3AQCh. 8.3 - Prob. 8.3BQCh. 8.3 - Prob. 4TP
Ch. 8.3 - Prob. 5TPCh. 8.3 - Prob. 6TPCh. 8.3 - Prob. 7TPCh. 8.4 - Prob. 8.4AQCh. 8.4 - Prob. 8TPCh. 8.4 - Prob. 9TPCh. 8.4 - Prob. 10TPCh. 8.5 - Prob. 8.5AQCh. 8.6 - Prob. 8.6AQCh. 8.6 - Prob. 11TPCh. 8.6 - Prob. 12TPCh. 8.6 - Prob. 13TPCh. 8 - Prob. 1CECh. 8 - Prob. 2CECh. 8 - Prob. 1CTCh. 8 - Prob. 2CTCh. 8 - Prob. 3CTCh. 8 - Prob. 4CTCh. 8 - Prob. 5CTCh. 8 - Prob. 2DCSCh. 8 - Prob. 3DCSCh. 8 - Prob. 4DCSCh. 8 - Prob. 5DCSCh. 8 - Prob. 1PPTCh. 8 - Prob. 2PPTCh. 8 - Prob. 3PPTCh. 8 - Prob. 4PPTCh. 8 - Prob. 1VCCh. 8 - Prob. 2VCCh. 8 - Prob. 3VC
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