Final answer:
Virtual teams are groups that collaborate entirely through digital means, without any face-to-face interactions, facilitating speedy responses to changing business landscapes.
Step-by-step explanation:
The members of a virtual team are most likely to hold meetings, access common databases, share information and files, make plans, and solve problems together, all without ever meeting face to face. Virtual teams utilize digital communication technologies to connect team members who are geographically separated. These teams are a significant part of the modern organizational culture, enabling companies to respond quickly to the rapid changes in technology, economics, globalization, and workplace demographics. Despite the challenges in teamwork, the formation of virtual teams aligns with the shift from traditional hierarchical structures to a more collaborative and flat organizational model.