Monday, September 29, 2008

Final #3

Describe or Define OV?



Answer: Virtual office is a term for shared office services, which normally includes business address, mail & courier services, phone services, fax services, answering services, web-hosting services, and meeting & conference facilities.

Distinguish VO from MIS



Answer: Virtual Office provide other 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 MIS (management information systems) is a general term for the computer systems in an enterprise that provide information about its business operations. It's also used to refer to the people who manage these systems. Typically, in a large corporation, "MIS" or the "MIS department" refers to a central or centrally-coordinated system of computer expertise and management, often including mainframe systems but also including by extension the corporation's entire network of computer resources.
Illustrate (give examples) how VO can improve company's competitive advantage and organizational performance.

Answer: Save lots of money without a secretary and put that towards growing your business instead. No more meetings at your clients' offices or at coffee shops. Schedule meetings at your Beverly Hills office and utilize our state-of-the-art conference room. helps work and communication become more efficient and adapts itself well to the needs of the consultant working on a given project. The intensive use and the easy access to company databases make it possible to do part of the work even at home sitting in one's favourite armchair. Good space utilization and cost effectiveness generating from the virtual office are other significant advantages of the concept. While in an average Budapest office 10 m2 is occupied per person at the firm, the 820 m2 office serves already near upon 100 people. Since the model is very flexible the company will only "outgrow" its office when the number of employees doubles.

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