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
48
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 do young people sense more acutely than previous generations?
选项
答案
Civil values
解析
(原文在导致这种趋势的第四个因素中提到,Young people today…have a stronger sense of civil values than previous generations,即比起前辈们,现在的年轻一代对civil values更敏感。)
转载请注明原文地址:http://tihaiku.com/zcyy/3709975.html
相关试题推荐
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutinizeb
BusinessesThriveonTransparencyStakeholdersscrutinizeb
BusinessesThriveonTransparencyStakeholdersscrutinizeb
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
随机试题
ForhowmanyyearswasPattyApgarthefoodbank’sdirector?[originaltext]T
Areyousinglebuttoobusytosearchforlove?Thenyouneedtotrythelat
A. B. C. D.
在网络协议中()不是会话层的协议。 A.HTTP B.PRC C.SQL
已建建筑物的可靠性检测评定,主要包括()。A.安全性检测和评定 B.功能
下列海南城市中,属于国家级历史文化名城的是()。A.三亚 B.海口 C.儋
精浆中的柠檬酸与精液的哪项内容密切相关A.精子的活力 B.精液的颜色 C.精
并联电容器装置正式投运时,应进行(____)试验,投切次数为3次,每次合闸时间间
计算速动比率时,扣除存货的主要原因不包括()。A.在流动资产中,存货的变现
下列各项不属于其他长期职工福利的是()。A.长期带薪缺勤 B.长期残疾福
最新回复
(
0
)