Explanation of virtual organization nouns

Virtual organization is a man-machine integrated organization supported by information technology, which is different from traditional organization.

Generally speaking, virtual organization refers to a dynamic alliance formed by two or more independent entities in order to provide products and services to the market quickly in a certain period of time.

It has no legal personality, no fixed organizational hierarchy and internal command system, but an open organizational structure. Therefore, in the case of sufficient information, it can choose partners from many organizations through bidding or free choice, quickly form unique advantages in various professional fields, realize the integration and utilization of external resources, and complete market functions such as product development, production and sales that cannot be undertaken by a single enterprise with strong structural cost advantage and flexibility.