Teams are becoming important because of increasing globalization, flatter organizational structures, an increasing shift to knowledge work, and the need to bring diverse talents and expertise to complex projects and customize solutions to meet market demands.

Virtual teams are becoming important because of increasing globalization, flatter organizational structures, an increasing shift to knowledge work, and the need to bring diverse talents and expertise to complex projects and customize solutions to meet market demands.

Explanation:

Since IT and technologies of telecommunication have developed significantly, an increasing number of organizations opt for the creation of virtual teams and remote groups to run external projects through the management of a virtual team. The technologies the internet provides allowed the hiring of remote team members, the communication with them in real-time, and the management of projects at all times from different places.

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