Wednesday, May 20, 2009

FINAL Question # 5

1. Describe or define Virtual office.
ANSWER:
The 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. Distinguish virtual from MIS.
ANSWER:
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. While the MIS is 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.

3. Illustrate (give examples) how virtual ofice can improve company's competitive advantage and organizational performance.

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