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
2016-01-10
63
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.
Corporate transparency is changing how business looks.
选项
A、TRUE
B、FALSE
答案
A
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/FVyK777K
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
WhenItrytounderstand______thatpreventssomanyAmericansfrombeingashappyasonemightexpect,itseemstomethatthere
Anycatordogownerwilltellyouthattheirpethasanindividualpersonality,differentfromotherpeople’spets.Butrecent
Thereisnothingworsethansomeonewhoisalwayslate.Latenesscanbeacharmingeccentricity—foralittlewhile.Thetroubleis
Thepresidentknowsthathewillnotbeelectedagainbecausehehas____________toomanyofhispromises.
Igorwasboththe15thhighestandthe15thlowestinatennistournament.Howmanypeoplewereinthetournament?
Supposeyouarealibrarianinyouruniversity.Writeanoticeofabout100words,providingthenewly-enrolledinternationalstu
过去一百年里,位于北京市中心的紫禁城大多时候是庄严肃穆的空寂之地,与周边的熙熙攘攘形成鲜明的对比。【T1】中国末代皇帝退位后,故宫(theImperialPalace)便丧失了其原有作用。(abdicatethrone)这个占地颇广的建筑群要么空置,
商业上的成功就在于该出手时就出手。(beamatterof)
WhatdoesVetusuallydotodealwithstressanddepression?
ThomasMalthuspublishedhisEssayonthePrincipleofPopulationalmost200yearsago.Eversincethen,forecastershavebeing
随机试题
各种艺术功能的实现必须通过【】
男,41岁,突发寒战、高热,伴肝区疼痛5天。呈弛张热,大量出汗、心慌,肝区胀痛不适,为持续性钝痛,伴恶心、食欲不振。查体:皮肤无黄染,肝肋下4cm,有压痛,右肋弓及腋中处肋间皮肤水肿,压痛(+)。血常规:WBC18×109/L,N0.90。首选的检查方
甲为有独立请求权第三人,乙为无独立请求权第三人,关于甲、乙诉讼权利和义务,下列哪一说法是正确的?(2010年·卷三·41题)
在KIS标准版软件中,()科目是系统必需的特别科目,不允许删除。
信用风险监测的主要指标包括()
根据《票据法》的规定,下列有关支票的表述中,正确的是()。
新中国成立后,中国共产党多次强调,必须保持党在七届二中全会上提出的优良作风。这些优良作风指的是()。
在下列针对中央银行负债的变动中,使商业银行体系的准备金增加的是()。
Ifyou______yourinfluence,theymaychangetheirdecision.
ThespeakersaremainlydiscussingtherulesinEnglishlanguage.
最新回复
(
0
)