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
76
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
AncientGreeksthoughtthebrainwasn’tthebasisforintellect.Itwasthehomeforthesoul.Theybelievedthattheprocessof
—Hello!I’dliketomailthisletter,please.—______—Express.Thisisauniversityapplicationform.It’simportantthattheu
Manypeopletodayareworriedaboutbirdflu.Theyareafraidthatitwillpassfrombirdstohumansandthatthousandsofpeopl
Workingouttomusiccanimprovethecoordinationofyourmindandbody,【C1】______youarefootballcrazyorkeenontennis.Th
WriteareportonChina’sonlinetravelbookingmarketinthelastfouryears.Writeatleast120words.Writethereportonth
Alice’sAdventureinWonderlandisoneofthemostlovedchildren’sbooksofalltime,andmanyadultsenjoyitaswell.Ittells
据悉,自1986年起,美国华人经济已跃居全美少数民资之首,遥遥领先与日裔、韩裔等其他后裔。美国华人家庭的年均收收入应经超过美国白人家庭。(leapto)
BillGates,thebillionaireMicrosoftchairmanwithoutasingleearneduniversitydegree,isbyhissuccessraisingnewdoubtsa
USUniversity【D1】______Exams:A.SATAcombinationofhighschoolgradesandSATscoresisbelievedtothe【D2】______offresh
TheLondonUnderground(usuallycalled"thetube")isthebiggestsubwaysystemintheworld.Itisalsothefastestwaytotrave
随机试题
中毒时不引起中毒性肝病的毒物是
足月新生儿,第一胎,男,生后第3天,母乳喂养,生后24小时出现黄疸,皮肤黄染逐渐加重,查:Hb110g/L,母血型O,子血型B,该患儿护理措施不包括
患者女性52岁,拟一次性拔除口内多个残冠残根,注射局麻药后患者出现全身麻木、心悸、胸闷,表情肌及全身抽搐,随即出现脉细而弱、血压下降、神志模糊。针对上述情况采取的抢救原则中,哪项是错误的
生脉散的功用是
A.蜂蜡B.羊毛脂C.甘油明胶D.半合成脂肪酸甘油酯E.凡士林栓剂水溶性基质
下列哪些属于凝固性坏死?()
某人分期付款购买一套住房,每年年末支付40000元,分10次付清,假设年利率为3%,则相当于现在一次性支付()元。(P/A,3%,10)=8.5302
结合发展心理学相关,选取某一具体方面的发展,试述二胎政策对儿童心理发展的影响和意义。【复旦大学2016】
A.thetarsintobaccosmokearecarcinogenicB.diseasesoftheheartandbloodvesselsC.apersistentcoughingD.humanbe
Americansbelievesomuchinmovingaheadthattheyare【C1】______researching,experimentingandexploring.Theytreattimeas
最新回复
(
0
)