Virtual office doesn't have an actual and physical location. It is also a system that allows a company or people with business to access all information and business data as long as there is an internet connection.
All company that has the same line of businesses may gather together in one location that is intangible because they are in the net.
There are big difference between VO and MIS, as posted above, VO is a shared office services for those company having same nature of business while MIS is a system within the company, or at their own possession. MIS is the gathered informations that only the company can access or used in making decisions, while in VO, other companies or it might be all company in the intagible location can use the data available.
If one company is in VO it can improve company's competitive advantage, for example if the company is in to a virtual office that is prestigious and respected, then the company's image will also be uplifted. And the resources of the company can be used to expand other projects or investments since VO save lots of money, in a sense that,the businessman doesn't need to rent for office and hired a secretary.
P.s.. i did not copy and paste it..hehe
http://en.wikipedia.org/wiki/Virtual%5Foffice
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