Physical/virtual Blending
Most brick and mortar companies reduce costs and increase market share by engaging in e-commerce via web sites and by leveraging their existing telecommunications infrastructure. In addition to sales and customer relations, such e-commerce may also include:
- Collaborating with suppliers and competitors.
- Outsourcing many of the business functions like marketing, operations management and new product development,
- Telecommuting
Read more about this topic: Virtual Business
Famous quotes containing the words physical, virtual and/or blending:
“To many women marriage is only this. It is merely a physical change impinging on their ordinary nature, leaving their mentality untouched, their self-possession intact. They are not burnt by even the red fire of physical passion—far less by the white fire of love.”
—Mary Webb (1881–1927)
“Neither dead nor alive, the hostage is suspended by an incalculable outcome. It is not his destiny that awaits for him, nor his own death, but anonymous chance, which can only seem to him something absolutely arbitrary.... He is in a state of radical emergency, of virtual extermination.”
—Jean Baudrillard (b. 1929)
“On wings of morning our prayers and devotions are soaring.
All of creation awakens, the Maker adoring.
Join in the song. Harmonies blending along,
Vigor and life now restoring.”
—Jane Parker Huber (b. 1926)