A Virtual Organisation is one that is composed from people and resources belonging to a variety of different institutions, with no requirement for them to be geographically near to one another.
a combination of various parties (persons and or organisations) located over a wide geographical area which are committed to achieving a collective goal by pooling their core competencies and resources
a network of members offering various kinds of resources, where projects are pursued by temporarily combining some member's resources in a hybrid institutional arrangement
an organisation network, which is structured and managed in such a way that it operates vis a vis customers and other external stakeholders as an identifiable and complete organisation
An organisation of various independent members that operates cooperatively (and may have been created) without the constraints of space and/or time. Telecooperation (q.v.) is its main modus operandi. ETD (q.v.) is an example of a virtual organisation. It is a consortium of business partners and individuals who work as a coherent organisation on the ETD initiative.
An organisation which uses information and communications technology to allow it to operate without clearly defined physical boundaries between different functions. It provides customised services by outsourcing production and other functions to third parties.