What is vartual corparation?

Answer 1

A virtual corporation is a business model that relies on digital communication and technology to operate without a physical headquarters or traditional office space. It typically consists of a network of independent entities or individuals collaborating to achieve common goals, often leveraging external resources and expertise. This model allows for greater flexibility, cost savings, and access to a global talent pool, making it particularly advantageous in today’s fast-paced digital economy.