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
105
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
Scientistsareparticularlyinterestedinthebrainsofpeoplewhospeakmorethanonelanguage【C1】flu______becausethatskill
A、Itcandoeverythingonecanpossiblyimagine.B、Itwillsurpasshumanintelligence.C、Itwillreplacehumanintelligenceone
DemographicindicatorsshowthatAmericansinthepostwarperiodweremoreeagerthanevertoestablishfamilies.Theyquickly
Manypeopletodayareworriedaboutbirdflu.Theyareafraidthatitwillpassfrombirdstohumansandthatthousandsofpeopl
Underwhatagecan’tchildrenshootadvertisement?
—Simonstillhasn’treturnedfromthemeeting.—Really?I’msureheexpectedtobeback________.
Youngpeopleareinevitablyattheleadingedgeofchangeandinnovationandthetravelindustryisnoexception.Youngpeopleth
[Gardenerwanted.NASArequiresagardenertogrowplantsinagreenhouse.Thesuccessfulapplicantmustbewillingtotravellong
ScottishwriterAdamSmithisoftenconsideredthemostimportanteconomisttheworldhaseverknown.Theconceptsofbargaining
He’sworkinghardforfearthathe_________.
随机试题
员工形象:
TheAmericanCivilWarwasaverysadtimefortheUnitedStates.Thepeopleofthecountryweredividedinto【21】sides:TheNort
属于剧毒类的有机磷杀虫剂是
患者,男,56岁。肝脾大10余年,发病前10天帮同事搬家后,即感到高度乏力,食欲缺乏,恶心,呕吐,明显腹胀。巩膜黄染,血清谷丙转氨酶565U/L,总胆红素324μmol/L,凝血酶原时间14秒。其母于10年前死于肝癌。最可能的诊断是
甲公司和乙公司签署了一份买卖合同,乙公司在合同中承诺对于甲公司的技术秘密给予保密。甲公司的竞争对手丙公司知道这一情况后让王某向乙公司获取甲公司的技术秘密。王某遂向其好友乙公司的经理张某探知情况,经不住王某的请求,张某将该技术秘密告知了王某。王某马上将该技术
(2012年)V形带传动工作时,传递的圆周力为Ft,初始拉力为F0,则下列紧边拉力F1,松边拉力为F2的计算公式中正确的是()。
下列哪一项个人所得不应免纳个人所得税?()
下列关于地震救灾表述不正确的是:
2006年,全国研究与试验发展(R&D)经费总支出为3003.1亿元,比上年增加553.1亿元,研究与试验发展(R&D)经费投入强度为1.42%o按研究与试验发展人员(全时工作量)计算的人均经费支出为20万元.比上年增加2万元。分研究类型看,
[*]
最新回复
(
0
)