Assignment #4

♣ Assignment #4

It's a fact that technology advancement has become one of the major factor to almost anyone and anything in this world--including Corporations.

This is my own perspective on what the 21st century corporations looks like, I would describe it in 2 points:

1. More innovation.

In connection with my introduction,I think technology will be an important factor for the major corporations in the 21st century(..and that includes now). There will be a lot of inventing and introduction of new technology not only fo the consumer's benefit but also for the corporation to have efficiency and effectiveness in producing products/services for the public.

Based on observation, there are a lot of corporations nowadays that invest on machines rather than human beings to be the "workforce" of their company..and who knows what it will do for the near future..?

Soon (if we're not careful enough) , there would be a possibility that human resource will be replaced by machines..(and it maybe sooner than we think.so watch out..)

2.) More competitive.

As what I observe now, corporations have become more and more competitive to each other when it comes to strategic planning. In connection to my 1st point, corporation even use technology as an asset for them to outwit their competitors.Because more and more investment are made, therefore more creative strategic plans are needed for them to effectively sell their products/services .And as a consumer myself, I can testify to that. *thinking* ..what will they come up next..?

To sum up, corporations now and in the next 100 years or even longer, they will cater more innovations and will be more and more competitive to survive in this fragile world of business.