In an age when more and more companies are downsizing, an

increasingly important concept is the $$virtual corporation.$$ The

idea is that a company should have a core of owners and

managers, but that, to the greatest degree possible, workers

should be contingent$$temporary$,$ part$-$time, or on short$-$term

contracts. This gives the corporation maximum flexibility to

shift vendors, cut costs, and avoid long$-$term labor

commitments. What are the advantages and disadvantages of

the virtual corporation from the points of view of both

employers and the workers?