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Virtual Companies - Coggle Diagram
Virtual Companies
companies provide some advantage
specialized management practice
low capital investment
flexibility
speed
Suppliers can provide various services to manufacturers
Human resources services
Designing of product
Consulting services
Manufacturing of components
Conducting inspections
Distributing of product
Definition
Companies that rely on variety of supplier relationships to provide services on demand
Relationship between virtual companies
Partners
Supplies or collaborators
Subcontractors
Period of relationship virtual companies
Short term
Long term