MNG81001 Report: Evaluating Virtual Marketing Teams
VerifiedAdded on 2023/05/28
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Report
AI Summary
The memo argues for the adoption of virtual marketing teams within the organization to reduce costs, leverage global talent, and enhance flexibility. It highlights the changing business landscape, driven by macroeconomic factors, millennial workforce preferences, and the decreasing need for physical offices. The memo emphasizes the cost-saving benefits of virtual teams, their reliability, and their ability to track employee performance. It addresses the advantages of virtual teams in terms of communication tools, social benefits, and the ability to adapt to evolving business challenges. The memo concludes by recommending the implementation of virtual marketing teams to the managing director, citing the potential for cost reduction, access to global talent, and improved business operations, supported by relevant references.
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