A Virtual Company is best described as what?

• A. Virtual Company
• B. Virtual Supply Chain
• C. Enterprise Wide System
• D. Management Information System

Answer: (A)

A Virtual Company is an IT-enabled networked organization formed by collaborating partners to deliver products or services. It isnures that separate firms work together as a single coordinated entity, using information systems to share data, standardize processes, and deploy resources quickly across boundaries. This description fits best because it captures the overall organizational model, not just a single internal system or a subset of processes.

The other terms describe specific IT constructs rather than the whole organizational form. A Virtual Supply Chain refers to the network of partners and their collaborative processes, which is part of how a Virtual Company operates but doesn’t name the organizational model itself. An Enterprise Wide System (like an ERP) and a Management Information System describe internal technology infrastructures and the information they generate, rather than the nature of the organization as a networked, externally coordinated entity.