FINAL QUESTION #5

TOPIC: THE DECISION SUPPORT SYSTEMS OF VIRTUAL OFFICE


1. Describe or define Virtual office.
Ans.
A Virtual office is a workplace that is not based in one physical location but consists of employees working remotely by using information and communications technologies. A virtual office is characterized by the use of teleworkers, telecenters, mobile workers, hot-desking, and hoteling, and promotes the use of virtual teams. A virtual office can increase an organization's flexibility, cost effectiveness, and efficiency.

Reference: BNET Business Dictionary

2. Distinguish Virtual office from MIS.
Ans.
Virtual office has a provider it is a centralized office although the employees work at home or without physical contact with other employees it enables a network of co-workers to runs a business efficiently by using nothing other than online communication technologies. While in MIS Management Information System differs in different company or every company has their own MIS they are used to analyze other information systems applied in operational activities in the organization. MIS is a planned system of collecting, processing, storing and disseminating data in the form of information needed to carry out the functions of management. And the result is used in decision making of the top management.
3. Illustrate (give examples) how Virtual office can improve company's competitive advantage and organizational performance.
Ans.
Having worked online for a very long time,the virtual office advantage is by far the best aspect of the Internet. A virtual office gives you a huge advantage because you are not limited geographically. Your business should revolve around your laptop. If possible, you should try to store every bit of information online. Either way, the virtual office gives you flexibility because it is available at all times