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English definition of “virtual enterprise”

virtual enterprise

noun [C]
 
 
(also virtual company, virtual corporation, virtual organization) WORKPLACE, IT, INTERNET
a group of people who work together on a project, communicating mainly by phone, email, and the internet, rather than regularly going to a central office to work: To be successful, the virtual enterprise must provide operations as competitive as those in a traditional enterprise.
(Definition of virtual enterprise from the Cambridge Business English Dictionary © Cambridge University Press)
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