Term Paper Essay Example | Topics and Well Written Essays - 3000 words - 1

Term Paper - Essay Example Virtual collaboration is the act of working mutually from different locations with limitations of time, space and organization. Additionally, this way of collaboration is supported by modern information technology (Hossain & Wigand, 2004). This paper presents a detailed analysis of the virtual collaboration. The aim of this research is to discuss and investigate some of main aspects of the virtual collaboration technology, its working, and the analysis of virtual collaboration for corporate use. This research will also outline the potential benefits of the virtual collaboration. The utilization of digital tools and technologies that allow or facilitate corporations or individuals to collaboratively prepare, plan, create, control, and research services, products and new IT and electronic commerce applications, is acknowledged as virtual collaboration or electronic collaboration. However, the virtual collaboration can include non-commerce activities, but the term nomally acknowledged as collaborative commerce, since it engages collaboration among business associates, partners and stakeholders. Additionally, the virtual collaboration also refers to the utilization of ICT (information and communication technologies) to support the business cooperative interface among various parties concerned to business operations. It is assessed that virtual organization is an important requirement for making sure of an extensive level of virtual collaboration. As a result, the sustainability and development of virtual collaboration can be directed to achieve frequent busines s objectives. This, in order, will make sure the connection between organization structure, ICT and geographical dispersion (Darlagiannis & Georganas, 2000; Turban, Leidner, McLean, & Wetherbe, 2005, p. 146; Qiu, Tay, & Wu, 2009). Additionally, the example of virtual collaboration would be a corporation that is communicating electronically with a merchant that designs whole product or