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Virtual business model - Wikipedia

Virtual business model (not to be confused with Virtual business), is a way to organize an innovative startup company and facilitates increased flexibility in the use of both financial and human resources and can promote development of new ideas and inventions.. In the virtual company, the utilization of the financial resources can be optimized with cost-effective product development as a result.…

Virtual business - Wikipedia

Global Healthcare Marketing and Communications, LLC (Global HMC) is an example of a virtual corporation operating worldwide sans bricks or mortar. The company provides medical education services to major pharmaceutical companies and the business model differs significantly from traditional medical education agencies with a physical presence.…

Virtual Business Models ScienceDirect

In a Virtual Company, the utilization of the financial resources can be optimized with cost-effective product development as a result. This business model is further defined using several criteria, including the criterion that financial values are developed outside the Virtual Company but owned by it.…

A Definition of Virtual Business

A purely virtual company may outsource nearly all of its business functions such as product development, marketing, sales, shipping, etc. However, most virtual businesses retain some of these activities in-house and may still require a physical presence in the form of headquarters, warehouses, shipping and delivery hubs, and other functions.…

Examples of a Virtual Business and a Virtual Business ...

Mar 26, 2004 · Examples of a Virtual Business and a Virtual Business Process. Jet Blue is probably the most frequently cited example of a virtual business. This is an airline that became and retained profitable during a period of time when other airlines where either flirting with bankruptcy or were in the thick of bankruptcy court.…