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
65
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 do young people sense more acutely than previous generations?
选项
答案
Civil values
解析
(原文在导致这种趋势的第四个因素中提到,Young people today…have a stronger sense of civil values than previous generations,即比起前辈们,现在的年轻一代对civil values更敏感。)
转载请注明原文地址:https://kaotiyun.com/show/PPyK777K
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
Whenyouopenthebusinesssectionofanynewspaperattheendoftheyear,allthereportsseemtobeaboutresultsforthefis
SummaryListentothepassage.Forquestions26—30,completethenotesusingnomorethanthreewordsforeachblank.Identityt
InMadameTussauds,touristscansee______waxfiguresoffamouspeople—politicians,actors,athletesandroyalty.Theycanalso
ThingstoKnowabouttheU.K.FromBuckinghamPalacetoOxford,theU.K.isloadedwithwonderfulicons(标志)ofpasteras.【B
Democracyisnotanewconception.TheancientAthenians【M1】______hadademocraticsystem.TheirdemocracywasthesameasAme
Althoughfewwoulddenythatit’sbettertoberichthanpoor,forsomepeoplethequestformoneyissoall-consumingthatite
Accordingtoofficialstatistics,retailsalesinChinarose10%and12.2%inthefirstandthesecondquarter______thisyear.
Underwhatagecan’tchildrenshootadvertisement?
Toagreatextentthevalueplacedongoldandsilverisduetotheirlackofreactivity.
TheLondonUnderground(usuallycalled"thetube")isthebiggestsubwaysystemintheworld.Itisalsothefastestwaytotrave
随机试题
以奖励手段扩大人们行为选择的范围,激励人们向着政策主体希望的方向努力的政策是()
应与小儿腹股沟斜疝鉴别的疾病包括
急性乳腺炎的主要原因是
径赛的距离应从起点线的后沿量至终点线的后沿。()
近年来,公安工作的群众路线正在朝着()的方向发展,这就是在党的统一领导下,动员各社会组织自觉承担治安方面的责任义务,形成全社会的治安控制网络。
分层次教学是教育不公平的表现之一。()
甲、乙、丙、丁是四位天资极高的艺术家,他们分别是舞蹈家、画家、歌唱家和作家,尚不能确定其中每个人所从事的专业领域。已知:①有一天晚上,甲和丙出席歌唱家的首次演出。②画家曾为乙和作家画过肖像。③作家正准备写一本甲的传记,他所写的丁的传记是畅销书。④甲
设级数的部分和=__________.
OnFeb.2,2007,theUnitedNationsscientificpanelstudyingclimatechangedeclaredthattheevidenceofawanningtrendis
Themachinehasanenormousadvantage______itisequippedwithanautomaticcontrolsystem.
最新回复
(
0
)