首页
登录
职称英语
Businesses Thrive on Transparency Stakeholders scrutiniz
Businesses Thrive on Transparency Stakeholders scrutiniz
游客
2024-08-07
50
管理
问题
Businesses Thrive on Transparency
Stakeholders scrutinize business activity.
Corporate transparency is changing the face of business. Consumers are now armed with new tools to uncover information about business firms on matters important to them. Corporations have no choice but to rethink their values and behaviors.
Several factors drive this trend.
The success of market economies and globalization: As market capitalism grows globally, the competitive success of firms and nations depends on genuine performance.
The rise of knowledge work and business webs that depend on openness and candor regarding business and production matters, as opposed to firms’ knowledge, which remains in employees’ brains and resources.
The spread of communications technology, especially the Internet, which challenges traditional business hierarchies by making information pervasive, immediate, and impossible to control.
Demographics and the rise of the Net Generation: Young people today are more aware of the world around them and have a stronger sense of civil values than previous generations, mostly through technologies like the Internet.
The rising global civil foundation: It’s becoming more difficult to get away with bad behavior. The corporate world is responding by behaving more responsibly: business integrity is on the rise—and not for just legal or ethical reasons. It makes economic sense.
Firms that exhibit ethical values, openness, and candor have discovered that they can better compete and profit. Furthermore, firms can’t hide their secrets, thanks to information and communications innovations. Firms are transparent whether they want to be or not, and many are opting to make themselves transparent to better serve their shareholders and the public.
The international banana company Chiquita is a firm that has benefited from this transparency. Chiquita saved itself from bankruptcy by becoming a transparent organization with more open, honest, and straightforward communications with all its stakeholders. Furthermore, a dramatic change in the company’s image occurred: Chiquita has won several awards and is widely cited as a leader in corporate responsibility.
Transparency has resulted in a network of stakeholders who scrutinize firms, with or without their knowledge. Firms that don’t pay attention to this network open themselves to attack and can be devastated or destroyed. Those that stay aware of constituent and community values and behave accordingly can develop sustainable business models.
Other benefits of transparency include more successful business partnerships and improved employee trust, resulting in lower costs, improved quality, better innovation, and loyalty.
Transparency will also bring about a new breed of executive, one who has integrity, who leads by example, and who has the courage to do the right thing.
Transparency demands that the corporation change, from paternalistic, inward-looking, and self-indulgent to engaged, stakeholder focused, responsive, and responsible. [br] Firms that exhibit ethical values, openness, and candor have discovered that they can better compete and profit.
选项
答案
那些崇尚道德观、开放性和坦白精神的企业可以更好地参与竞争赢得利润。
解析
(that引导定语从句,译为firms的前置修饰语。candor坦白,率真。)
转载请注明原文地址:http://tihaiku.com/zcyy/3709364.html
相关试题推荐
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutinizeb
BusinessesThriveonTransparencyStakeholdersscrutinizeb
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
随机试题
[originaltext]Technologycanbringlastingchangetosociety,andonechangeit
Clearlyifwearetoparticipateinthesocietyinwhichwelivemustcommu
[originaltext]M:Areyougoingtograduatethisterm?W:Yes.M:Whatareyoug
健康相关行为是指任何与疾病预防、增进健康、维护健康及恢复健康相关的行动,所以这类
甲状旁腺腺瘤与增生的区别主要是:()A.腺瘤单个,有完整包膜 B.腺瘤多个
多部位骨穿骨髓增生重度减低,淋巴细胞及非造血细胞比例明显增高的疾病是A.缺铁性贫
已知工作A的紧后工作是B和C,工作B的最迟开始时间为14,最早开始时间为10,工
降低血糖的激素是A:胰高血糖素 B:胰岛素 C:肾上腺素 D:糖皮质激素
下列关于保险公司资金运动的特点表述中,正确的有()。A.保险产品定价有一定的预
一次回路检验经( ),绝缘电阻值应符合规定。A.绝缘电阻测定 B.耐压试验
最新回复
(
0
)