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
24
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 changing how business looks?
选项
答案
Corporate transparency
解析
(文中第一段开头,Corporate transparency is changing the face of business,企业透明度正在改变着商业的面貌。)
转载请注明原文地址:https://tihaiku.com/zcyy/3709973.html
相关试题推荐
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutinizeb
BusinessesThriveonTransparencyStakeholdersscrutinizeb
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
随机试题
HeatStressThemostcommonhealthproblem【T1】______hotweatherisheat
Thenumberofprimaryschoolsintheruralareas______doublinginthepast50ye
[originaltext]M:Thetrainleavesevery30minutes.You’refiveminuteslatefo
在坡度大于1:2.2的屋面上作业,当无外脚手架时,应在屋檐边设置不低于()
开户放款包括()。A.年度开户放款 B.一次性开户放款 C.分次放款 D
行为主体将自己不能承担或不愿承担的风险转嫁给其他经济单位承担的行为称为()。A
关于糖浆剂的制备,叙述正确的是A.热溶法适合于对热稳定的药物 B.溶解法系将药
仪器仪表等应按照有关规定,由具备资质的检测机构()后方可使用定期检测$;$定
中国的四大佛教名山是:A.嵩山、峨眉山、九华山、普陀山 B.嵩山、泰山、九华山
在建设工程进度计划执行过程中,当出现的进度偏差影响到后续工作或总工期而需要采取进
最新回复
(
0
)