past up to now‚ the organization has changed a lot in order to make the jobs and employees to become more effective and efficient. Among these changes‚ we have noticed many organizations nowadays try to restructure their organization’s structure to move toward “virtuality”. According to the Modern Management book‚ virtual organizations refer to as network organizations or modular corporation (Samuel & S. Trevis‚ 2012). There are both pros and cons for having a virtual organization. To begin with the
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Huffman Trucking is a company founded by K. Huffman back in 1936. World War II helped Huffman Trucking to move forward increasing their demand between the Midwest ports all the way to the East Coast ports offering their carrier services. Huffman Trucking started with only a single tractor-trailer and nine years later the company increased their size to 36 trailers. The U.S. Government‚ manufacturers of plastics products‚ and electronic consumer products are some of the primary customers who Huffman
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Virtual Organization Strategy Paper Companies have numerous options when determining how to meet their capital needs or when faced with a lucrative opportunity for expansion. Businesses must decide whether offering an initial public offering of stock‚ merging with another business‚ or acquiring another company presents the best option. Each method possesses
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Integrative Problems and Virtual Organization LaShell Johnson Lynnette O’Neil Thomas Hernandez University of Phoenix Finance for Business FIN 370 Bruce Fox December 14‚ 2011 Integrative Problems and Virtual Organization Lafleur Trading Company is a private company that has supplied the world with the finest food and wines over 3 dozen trading partners across the planet. Recently‚ they have decided to expand their operations. Looking at their options‚ they may expand by acquiring
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Virtual Organizations and Simulation Exercises Needs Document CIS/568 Information Systems Concepts Identified Business Needs For this business needs documents scenario‚ I chose Riordan Manufacturing needs to create a web based interactive logo design tool and ordering interface. This will simplify potential clients ability to market their business‚ as well as an marketing tool for Riordan Manufacturing. The intent is to create a user friendly‚ efficient and cost effective utility that will
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the virtual organization‚ where organizational members are geographically separated‚ but work together through computer technology. To date‚ much of the research and thought on virtual organizations has focused upon virtual technology and organizational design-how to link the individual members and how to design the virtual organization to carry out its work. This book takes this further in addressing the crucial question‚ how do you do human resource (HR) functions in the virtual organization? This
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Virtual Organizations: The Benefits‚ Problems‚ The Solutions Technology in the early millennium was not as advanced as it is today. In the late nineties‚ email and MySpace were the primary means of networking for people‚ iPads were only a dream‚ and the closest thing to a smartphone was a phone with a built-in camera. This decade promises more than advanced communication; it converges on computer-based intelligence with enhanced interactive networking forums. On the social networking level‚ webcasting
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Integrative Problems and Virtual Organization Strategy Finance for Business 370 March 21‚ 2012 Integrative Problems and Virtual Organization Strategy Team A has been assigned the task of examining expansion methods for the Riordan Manufacturing Company. Team A will perform an evaluation of the strengths‚ weaknesses/limitations‚ opportunities‚ and threats relating to the challenges of going public through an Initial Public Offering. Team A will draw a conclusion concerning the success that the
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Describe the evolution of the virtual organization. What are the pros and cons associated with this design? A virtual organization can be defined as‚ “a geographically distributed organization whose members are bound by a long-term common interest or goal‚ and who communicate and coordinate their work through information technology” (Baack‚ 2012‚ Dimensions of Organizational Structure‚ 10.2). The advent of technology has paved the way for the existence of virtual organizations. The technological devices/concepts
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The ability of leaders to guide organizations in the right direction require proper planning and organizing. Studies conducted by Hartnell‚ Kinicki‚ Lambert‚ Fugate‚ and Doyle Corner (2016) confirmed that there is an interactive relationship between leadership and culture on an organization’s performance. Culture is the display of collective behaviour‚ influenced by a set of norms‚ values and beliefs that inform employees about how they should perceive‚ think‚ feel‚ and behave in relation to organizational
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