BUS101: Analysis and Report on Virtual Marketing Teams - Semester 1
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This report provides a comprehensive analysis of virtual marketing teams, focusing on their structure, advantages, and disadvantages within the context of modern business. It explores the evolution of virtual teams, emphasizing their role in cost reduction, access to global talent, and enhanced productivity. The report discusses the stages of team development, communication challenges, and the importance of selecting the right team members. It highlights the shift from traditional command-and-control leadership to a more democratic and coaching style. The report includes figures illustrating the creation and effects of virtual marketing teams, concluding with recommendations for ensuring their success, including managerial perspective changes and adequate training. The report references key academic sources to support its arguments, offering a detailed overview of the topic.
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