首页
登录
职称英语
Businesses Thrive on Transparency Stakeholders scrutiniz
Businesses Thrive on Transparency Stakeholders scrutiniz
游客
2024-08-08
5
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.
Demographies 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/3710496.html
相关试题推荐
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutinizeb
BusinessesThriveonTransparencyStakeholdersscrutinizeb
BusinessesThriveonTransparencyStakeholdersscrutinizeb
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
BusinessesThriveonTransparencyStakeholdersscrutiniz
随机试题
[originaltext](26)Sothecounselingservicesweofferdealwithanyproble
[originaltext]Inthecaseofmobilephones,changeiseverything.[12]Rece
Thelasttimeshewasrecruitingforher
A.产生渗漏 B.不产生渗漏 C.结合其他资料判断 D.说不清楚
已知某理想气体的压强为p,体积为V,温度为T,气体的摩尔质量为M,k为玻兹曼常量
卫生经济学是应用经济学的基本理论和方法研究卫生领域中的A.社会现象和经济现象
企业出售、转让、报废投资性房地产时,应当将处置收入计入( )。A.管理费用
男性,20岁,发热2周,体温38~39℃,检查皮肤散在紫癜,颈部及腋下可触及0
甲拾得乙丢失的手机,向乙索要2000元报酬,乙表示面谈。见面后乙称只给500元,
2×20年1月1日,甲公司支付银行存款3000万元取得乙公司20%的股权,能够对
最新回复
(
0
)