In Chancy times lone eagles soar

Changes in how people live and work are a major characteristic of the New Economy.

According to Dunn and Bradstreet, there are about 20 million business enterprises in the U.S. Only 4.4 million are corporations, though they employ more than half the labor force. The rest are partnerships (1.8 million) or sole proprietorships (14.2 million). Most among these 20 million enterprises are tine; only 7,000 have 500 employees or more.

But large corporations are changing to adjust to the requirements of the New Economy. Many corporations are downsizing to become more competitive, to take advantage of new technologies or to try new approaches to quality management.

Some are "delayering"