首页
登录
职称英语
Businesses Thrive on Transparency Stakeholders scrutin
Businesses Thrive on Transparency Stakeholders scrutin
游客
2024-08-06
15
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.
Questions 56 to 60
Mark each statement as either true(T)or false(F)according to the passage. [br] Transparency will result in higher cost.
选项
A、TRUE
B、FALSE
答案
B
解析
(最后一段第一句话表明透明管理可降低成本。)
转载请注明原文地址:https://tihaiku.com/zcyy/3708835.html
相关试题推荐
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutinizeb
BusinessesThriveonTransparencyStakeholdersscrutinizeb
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
随机试题
Foxesandfarmershavenevergotonwell.Thesesmalldog-likeanimalshavel
材料反映了部分公众在社会公德方面“知”“行”脱节,其主要原因不包括()。 A.
进行混凝土抗氯离子渗透性标准试验时,通电时间为()。A.1h B.3h
申请企业破产的条件包括()A.企业法人不能清偿到期债务 B.资产不足以清
尿毒症患者,自诉极度疲乏、胸闷、心慌、尿少,体检心律不齐,期前收缩8~10次/分
下列选项中属于流动负债的是( )。A.现金及现金等价物 B.应付票据 C.
李先生,30岁。打篮球时不慎将左脚踝关节扭伤。为防止皮下出血与肿胀,早期护理应进
下列属于自行车交通的组织方法的有()。A.设置自行车左转弯专用车道 B.设
人在每一瞬间,将心理活动选择了某些对象而忽略了另一些对象。这一特点指的是注意的(
在经行口腔预防的讲课中,王老师指出口腔健康教育的原则是A.口腔健康教育是一项预
最新回复
(
0
)