21st Century Corporations

21st Century is already here, along with this is the evolution of technology. Technology, which is the major factor why we have all these things today. Because of technology, several things had change and develop, and a corporation is one of them. A corporation is the most common form of business organization , and one which is chartered by a state and given many legal rights as an entity separate from its owners.

Today, as we live in the 21st Century, corporations have gone far and start to take on a role of greater social responsibility. It is clear that this increase in power brings with it greater responsibility. I have observed nowadays that corporations are very competitive and have greater social participation in terms of its “civic” involvement. They provide value for the entire society in which it functions with initiatives that are not just limited to its strict area of activity. Human Resources are very significant to a corporation today, because it's the head and the hand that runs the whole corporation.