VO meaning in Business ?

Answer:

What is Virtual Organization mean?

A virtual organization is a temporary or permanent collection of geographically dispersed individuals, groups, organizational units, or entire organizations that depend on electronic linking in order to complete the production process (working definition). Virtual organizations do not represent a firm’s attribute but can be considered as a different organizational form and carries out the objectives of cyber diplomacy.

Unfortunately, it is quite hard to find a precise and fixed definition of fundamental notions such as virtual organization or virtual company. The term virtual organization ensued from the phrase "virtual reality", whose purpose is to look like reality by using electronic sounds and images. The term virtual organization implies the novel and innovative relationships between organizations and individuals. Technology and globalization both support this particular type of organization.

Virtual can be defined as "not physically existing as such but made by software to appear to do so", in other words "unreal but looking real". This definition precisely outlines the leading principle of this unconventional organization, which holds the form of a real (conventional) corporation from the outside but does not actually exist physically and implicates an entirely digital process relying on independents web associates. Thus, virtual organizations are centred on technology and position physical presence in the background. Virtual organizations possess limited physical resources as value is added through (mobile) knowledge rather than (immovable) equipment.

Virtual organizations necessitate associations, federations, relations, agreements and alliance relationships as they essentially are partnership webs of disseminated organizational entities or self-governing corporations.

reference

Full Form	Category
Vicino Oriente	Academic & Science
Vacuum Oscillation	Academic & Science
Voltage Output	Academic & Science
Seagram, LTD.	Business
Virtual Organization	Business
Tyrolean Airways	Business
Variation Order	Business
Varasto Osasto (Storage Department)	Business
Vacuum Oven	Chemistry
Video Only	Community
Voice Over	Community
Vegan Outreach	Community
Visual Object	Computing
Value Object	Database Management
Volcano Observatory	Earth Science
Vivid 2.0 Include File with Object Definition	File Type
Virtual Observatory	General
Visa Officer	General
Version Original	General
Volunteer Organizer	General
Voiceover And Our	General
Value Optimization	General
Values Orientation	General
Very Old	General
Virtual Organizations	General
Voyage Only	General
Visual Odometry	General
Virtual Office	General
Virtual Object	General
Voiceover On	General
Virus Over	General
Vacancy Outflow	General
VELLODU	Indian Railway Station
Vanguardia Obrera	International
Version Originale	International
Very Own	Messaging
Validation Office	Military and Defence
Verbal Order	Military and Defence
Verbal Orders	Military and Defence
Volapuk	Regional
Shuttle Operations Directorate, Kennedy Space Center	Space Science
Space Vehicle Operations Directorate	Space Science
Vehicle Operations	Space Science
Voice	Space Science
Voice Objects	Telecommunication
Voice Only	Telecommunication