首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Businesses Thrive on Transparency Stakeholders scrutinize business activity. Corporate transparency is changing the face
Businesses Thrive on Transparency Stakeholders scrutinize business activity. Corporate transparency is changing the face
admin
2013-02-03
85
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.
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://kaotiyun.com/show/DPyK777K
本试题收录于:
A类竞赛(研究生)题库大学生英语竞赛(NECCS)分类
0
A类竞赛(研究生)
大学生英语竞赛(NECCS)
相关试题推荐
Canwetrustourmemories?PsychologistElizabethLoftusdoesn’tthinkso.Loftusisanexpertonfalsememories.Afalsememory
Americaisthecountryoffastfood.AnordinaryyoungpersonintheUSAeatsonaverage6hamburgersaweekandabout300ayea
SummaryListentothepassage.Forquestions26—30,completethenotesusingnomorethanthreewordsforeachblank.Identityt
Althoughfewwoulddenythatit’sbettertoberichthanpoor,forsomepeoplethequestformoneyissoall-consumingthatite
Studentscanchoosefromabouttenessaystitlesfortheirfirstassignment.
Manypeopletodayareworriedaboutbirdflu.Theyareafraidthatitwillpassfrombirdstohumansandthatthousandsofpeopl
Workingouttomusiccanimprovethecoordinationofyourmindandbody,【C1】______youarefootballcrazyorkeenontennis.Th
WhereisEnglishusedinfringecountrieslikeJapan?
【T1】大多数人都会把虚拟现实和游戏娱乐联系到一起。(associated…with…)你可能会好奇,那个戴在头上,让你看起来像星球大战里的奇怪生物一样的超前装置是什么,请不要大惊小怪。【T2】这种新兴的技术已经迅速地扩展到其他领域,并且可能从根本上改变
Duringthetwentiethcentury,theUnitedStatesparticipatedintwomajorwarsthatrequiredthenationto【C1】________itsresour
随机试题
求下图(a)所示桁架中1、2杆的轴力。
男性,16岁,因右侧腰部酸胀,劳累后加重就诊,无发热和肾绞痛史。超声显示:右肾中度积水。尿常规正常。进一步应先做何种检查
对甲亢患者判断病情程度和治疗效果的重要标志是
关于劳动合同订立的说法,正确的有()。
王先生计划申请个人耐用消费品贷款,他能申请的最高款额度是()万元。
某化妆品公司招聘人员,在签订劳动合同时要求员工交300元制服押金,以便制作统一的工作服装,并表示在员工与公司结束劳动关系并将制服完好返还公司后,公司将该押金全额返还给员工。2016年1月,甲与该公司签订了3年的劳动合同,试用期为6个月。2017年2月27日
根据我国国家统计局公布的数据,我国居民收入的基尼系数2003年为0.479,2008年达到最高点0.491,这之后逐年下降,2014年的基尼系数是0.469。而在20世纪80年代初,我国的基尼系数在0.3左右。专家认为:“接近0.5的基尼系数可以说是一个较
某商品按定价出售,每个可以获得45元的利润,现在按定价的八五折出售8个,按定价每个减价35元出售12个,所获得的利润一样。这种商品每个定价多少元?()
根据材料,回答131-135题房地产开发:全市商品房施工面积10483.5万平方米,比上年下降2.5%;其中商品住宅6311.3万平方米,下降13.3%。商品房竣工面积3193.9万平方米,下降15.3%;其中商品住宅2193.3万平方米,下降2
’FeedMeBetter’WhenBritishTVchefJamieOliverlaunchedhis’FeedMeBetter’campaignin2004inschoolsintheGreenw
最新回复
(
0
)