首页
登录
职称英语
Businesses Thrive on Transparency Stakeholders scrutinize b
Businesses Thrive on Transparency Stakeholders scrutinize b
游客
2024-08-07
54
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] What is becoming popular worldwide?
选项
答案
Market capitalism
解析
(文中第三段,As market capitalism grows globally…,即随着市场配置体制逐步全球化。)
转载请注明原文地址:http://tihaiku.com/zcyy/3709974.html
相关试题推荐
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutinizeb
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
随机试题
【B1】[br]【B8】A、andB、orC、throughD、byB
Hesaidsurprisingly,"Heis______(我们最不可能怀疑的人)."thelastpersonwewouldhavesu
Alzheimer’sdisease(老年痴呆症)ismostlyaconditionofoldage.Sincelife【B1】__
OxfordUniversityoncefamouslyclaimedtohavebeenfoundedbyAlfredtheG
[img]2016m11x/ct_ehbm_ehbreadf_0121_201610[/img][br]Tolearnmoreinformation
劳动合同期限()的,试用期不得超过二个月。A.三个月以上不满一年 B.一年以
案例:阅读下面学生的一篇习作。人在拒绝中高贵 ①世界很精彩,世界很无奈。行走于
一平面谐波沿x轴正方向传播,振幅A=0.02m,周期T=0.5s,波长λ=100
下列有关早萌牙的叙述,不正确的是A.马牙是早萌牙 B.诞生牙是早萌牙 C.新
银行承兑汇票的承兑银行,应当按照票面金额向出票人收取()的手续费。A:千分之一
最新回复
(
0
)