首页
登录
职称英语
Businesses Thrive on Transparency Stakeholders scrutiniz
Businesses Thrive on Transparency Stakeholders scrutiniz
游客
2023-10-13
26
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:https://tihaiku.com/zcyy/3095132.html
相关试题推荐
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutinizeb
BusinessesThriveonTransparencyStakeholdersscrutinizeb
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
随机试题
PASSAGETHREE[br]Whoshouldavoidwearingclogswithoutcustomarizedinserts?P
Handwritinghasbecomeadyingart,nowthatkidsstartusingkeyboardsass
ThestudywaswrittenandresearchedbyBritain’sNationalConsumerCouncil(
在观察蚯蚓运动的实验中,要经常用浸湿的湿棉球轻擦蚯蚓体表。使体表保持湿润。这样做
列举美术教师选用教学方法的依据(不少于3个)。
衍生产品类证券产品的基本特征包括( )。 Ⅰ.跨期性 Ⅱ.杠杆性 Ⅲ.可
A.广藿香B.秦艽C.厚朴D.雷公藤E.葛根具有抗生育作用的药物是
房地产经纪人执业资格考试通过的标准是,参加全部4个科目考试的人员必须在( )内
由于盆腔内邻近器官炎症经过直接蔓延导致盆腔炎的病原体主要是()。A.淋病奈瑟菌
(2013年真题)依据《烟花爆竹安全管理条例》的规定,从事道路运输烟花爆竹的托运
最新回复
(
0
)