Definitions for "Virtual enterprise"
An enterprise integrating several ideals: outsourced noncore competencies; a focus on core business strengths; little or no physical presence or infrastructure; a network of business alliances; the exploitation of intellectual capital; and a heavy reliance on telecommunications. Virtual enterprises have outsourced the physical processes and administrative attributes of traditional business, and have expanded and combined intellectual activities (e.g., problem solving) with standard business processes such as marketing.
a business entity constructed from organizationally and geographically distributed units or groups
a community of business entities that collaborate on the manufacturing of new products
a partnership of companies that forms in response to a certain market opportunity
a temporary consortium of autonomous, diverse, and possibly geographically dispersed organizations that pool their resources to meet short-term objectives and exploit fastchanging market trends
a temporary partnership of independent companies or individuals