Monique Products, a web-based company, maintains no manufacturing facilities. As orders come in, the company contracts with other firms to produce and ship its products. The company maintains a network of businesses, mostly through the Internet, and is an example of

Question

Genevieve

Business

12 January, 14:17

Monique Products, a web-based company, maintains no manufacturing facilities. As orders come in, the company contracts with other firms to produce and ship its products. The company maintains a network of businesses, mostly through the Internet, and is an example of

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Answers (1)

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Ryan Curtis · Answer 1

The correct answer is: a virtual corporation.

Explanation:

Virtual corporations are becoming more common with the massification of the internet and communications. They are generally companies that are dedicated to the commercialization of products and generate a massive movement in the network that allows them to be in the "voice to voice" of people. They do not have physical facilities, which saves them expenses such as leasing and public services, and the contracted staff is minimal. These companies are based on the strategy of fast and massive shipments through transport companies in order to satisfy the needs of their clients.