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:
“Our own physical body possesses a wisdom which we who inhabit the body lack. We give it orders which make no sense.”
—Henry Miller (1891–1980)
“Tragedy dramatizes human life as potentiality and fulfillment. Its virtual future, or Destiny, is therefore quite different from that created in comedy. Comic Destiny is Fortune—what the world will bring, and the man will take or miss, encounter or escape; tragic Destiny is what the man brings, and the world will demand of him. That is his Fate.”
—Susanne K. Langer (1895–1985)
“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)