Advantages and Disadvantages of Managing Virtual Business in Global Environment
Advantages and Disadvantages of Managing Virtual Business in Global Environment is important to know for the business people. Here, this article will evaluate the Advantages and Disadvantages of Managing Virtual Business in Global Environment because the sense of knowing all these matters will help people to get better idea.
Advantages of managing virtual business
Virtual Business is Cost-Efficient
Cost effective prospect is very much advantageous which could be achieved by utilizing virtual business. It is possible as because it does not require the expense for maintaining an in-office team. Virtual business needs to bear office rent, utilities expense, transportation expense, maintenance expense. Employees of virtual business do work from home. Virtual business is mainly expensed for software and other ICT …