Practice free →
HomeBBAPrinciples of ManagementDesigning Organizational Structures › Which attribute of a virtual corporation covers …

Which attribute of a virtual corporation covers the nature of its alliances?

AOpportunism, since alliances are less permanent
BExcellence, since each partner brings its best work
CTrust, since partners rely on one another heavily
DTechnology, since distant partners are linked up
Answer & Solution
Correct answer: A. Opportunism, since alliances are less permanent
1. The key attributes of a virtual corporation are technology, opportunism, excellence, trust, and no borders. 2. Opportunism is the attribute describing the alliances themselves, which are less permanent, less formal, and more opportunistic than traditional partnerships. 3. Technology covers the linking of geographically distant companies. 4. Excellence covers each partner bringing its core competencies, and trust covers the reliance the network creates. _Source: OpenStax Introduction to Business (CC BY 4.0), Ch 7 "Designing Organizational Structures", section 7.8 The Virtual Corporation_
Solve this in the app — BBA practice & 24k+ MCQs →
Related questions