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
2012-05-29
33
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.
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/KQyK777K
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
Diamondisthehardestnaturallyoccurringsubstanceknown.Itisthemostpopulargemstoneandbecauseofitsextreme【C1】_____
TensofmillionsoftelevisionviewersaroundtheworldhavebecomefamiliarwiththemusicaltalentshowTheXFactor,whichor
Whenyourkidsareadvisedto“getaneducation”iftheywanttoearnadecentincome,theyaretoldonlyhalfofthetruth.Wha
Somepeoplemaychoosetoliveonwaterforthepleasureandenjoymentofhavingahomethatisdifferentfromthehomesofmost
Howmanymistakesarethereinthesentencebelow?ThisSentencecontainestwomisstakes.
Fromgoodreadingwecanderivepleasure,companionship,experience,andinstruction.Agoodbookmayabsorbourattentionsoco
Workingouttomusiccanimprovethecoordinationofyourmindandbody,【C1】______youarefootballcrazyorkeenontennis.Th
Ifyougotowork,you’reprobablyfamiliarwiththeroutineoftravellingtotheoffice,huntingforanavailabledesk.Completi
WhichofthefollowingstatementsistrueabouttheKnowledge?
‘SlowMovement’EncouragesLessStressfulLivingCarlHonore,arecovered‘speedaholic’,hadanepiphanythatcausedhimto
随机试题
计划的基本特点有()
胆汁中参与消化作用的主要成分是()。
下列各项中,既征收消费税,又征收增值税的有()。
简述有意义学习需要具备哪些条件。
下列承担违约责任的形式不可以同时适用的是()。
中共七大确立毛泽东思想为党的指导思想()。
唯物史观第一次科学地解决了历史创造者的问题,认为人民群众是历史的创造者。人民群众
Title:UnemploymentYourcompositionshouldbebasedontheOutlinegiveninChinesebelow:1.下网被视为目前中国面临的头号问题。2.政府已采取了一系列措施来
在数据库应用系统的需求分析阶段,设有如下工作:Ⅰ.分析与描述目标系统需要完成的功能Ⅱ.分析与描述目标系统对响应时间、存储容量的要求Ⅲ.分析与描述目标系统涉及的数据范围、数据的属性特征及数据之间的关系Ⅳ.分析与描述每项
窗体上有一个名称为Commandl的命令按钮,有程序如下:OptionBase1PrivateSubCommandl_Click()Dima(10)AsInteger’第1个ForFori=1To1
最新回复
(
0
)