from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. An organized entity, whether corporate or charitable, that does not exist in any one, central location, but instead exists solely through the Internet
Sorry, no etymologies found.
A virtual organization is a network of geographically-distant employees who are linked by electronic communication.
Roger Jones launched Complexica as a completely virtual organization because it meant that he did not need to obtain venture capital he had had an unfortunate experience with venture capitalists in a previous start-up company.
For example, Complexica is an entirely virtual organization with a dozen employees and several million dollars in annual sales.