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Some Scholars Suggest That What Is Occurring Today Is a Transition

question 35

Essay

Some scholars suggest that what is occurring today is a transition to a new society. This new society may be called postindustrial or postmodern, the information society, the service society, or the knowledge society. Why do scholars use so many different terms? What general features of the future do all these terms have in common?

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Definitions:

Fiduciary Duty

A duty to place a client’s interest above the professional’s own interests.

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A type of long-term security issued by a company, backed only by the general creditworthiness and reputation of the issuer.

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Debt securities secured by a mortgage or collection of mortgages, giving holders a claim on the underlying property.

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A formal gathering of the board of directors of an organization to discuss and make decisions on company policy and management issues.

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