Assignment 4: What do you think will the 21st -century corporations look like?

A corporation, as defined in wikipedia, is a legal personality, usually used to conduct business. It exists as a product of corporate law, and their rules balance in the interests of the shareholders that invest their capital and the employees who contribute their labour.

As what I have observed, the modern corporations have given big importance to their human resource because it plays a vital role in a corporation or in a company. Corporations nowadays give priority to their hiring standards, they train, monitor and evaluate their personnels so that they would able to find and bring out the best in their personnels. As what the reporters said, "A modern company cannot stand without human resource." People work together in a corporation to produce. In modern times, corporations have become an increasingly dominant part of economic life. People relly on corporations, for their goods and services, for the value of the pensions, for economic growth and social development.

But as what I have observed in some movies, I think that in the future, companies or corporations would start to disregard their human resource and machines would start to take over. This is what some companies are trying to do. They replace their personnels with mahines because machines, although expensive, they are reliable, accurate and fast. While as to the personnels, you have to give them their monthly salary, sometimes they pose great threat to the corporation unlike machines. (Well this is only my idea).