A temporary or permanent coalition of individuals, groups, organisational units or entire organisations that pool resources, capabilities and information to achieve common objectives.
VOs can provide services and thus participate as a single entity in the formation of further VOs. This enables the creation of multiple layers of virtual value-added service providers.
It is a temporary consortium of partners from different organizations established to fulfil a value adding task, for example a product or service to a customer. The lifetime of a VO is typically restricted: It is created from the network for a definite task and dissolved after the task has been completed.
Denotes the organisation, allocation and coordination of resources and their activities as well as their inter-organisational dependencies to achieve the objectives of the VO within the required time, cost and quality frame.
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