Wednesday, September 24, 2008

Final Question # 3

TOPIC: THE VIRTUAL OFFICE (VO)Question # 3: 1. Describe or define VO.2. Distinguish VO from MIS.3. Illustrate (give examples) how VO can improve company's competitive advantage and organizational performance.
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1.)Virtual office is a shared office services, which normally includes business address, mail & courier services, phone services, fax services, answering services, web-hosting services, and meeting & conference facilities.

2.) MIS reporting was made manually and only periodically, as a by-product of the accounting system and with some additional statistics, and gave limited and delayed information on management performances. While Virtual office are providers of services that provide the in-house or outsourced services such as corporate secretarial services, accounting services, or legal services. Professional firms such as law firms and accounting firms often provide registered address services as part of their service offerings.
3.)Virtual office can improve companys competitive advantage and organizational performance it enables a network of co-workers to run a business efficiently by using nothing other than online communication technologies,this will help the employees to do the operation easily.

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