Management of the International Company in Virtual Space

Abstract

The article deals with the main features of the management of an international organization in the virtual space. In the course of the study on the basis of the analysis of various sources concluded the main causes and factors that contributed to the emergence of the phenomenon of virtual organization. The key factors that determine the speed and direction of development vector are economic and technical factors. The study concluded that they can be both locomotives for the development of the phenomenon and deter development for various reasons. The author conducted a comparative analysis of the properties of a virtual company and a traditional company, which allowed to identify a number of advantages, based on current trends. At the same time, the aspect of the volatility of virtual organizations, as one of the most significant negative phenomena, will be touched upon. The author considers a number of problematic issues, in particular, recruitment, excessive economic dependence on partners, etc., which require informed decisions and the development of individual approaches to ensure the activities of the virtual organization. The emphasis in decision-making should be on the opinion of each member of the virtual organization, which, one way or another will contribute to their self-motivation. On the basis of the collected opinions it is concluded about the prospects of the phenomenon under consideration. In the place with that, the lack of a full theoretical base necessitates additional research, including empirical nature. The article can be used as a scientific and theoretical basis for further research, in particular to eliminate gaps and problematic issues in the activities of virtual international companies.

Keywords

• international organization
• virtual space
• management
• economic factors
• technical factors