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
66
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
Surfingissomethingpeopleoftengethookedonaftertryingitafewtimes.Formanysuffersitismuchmorethanahobby—they
Nowadays,mostpeoplerealisethatit’sriskytousecreditcardonline.However,fromtimetotime,weallusepasswordsandgo
SeveralresearchgroupsintheUnitedStatesareconductinggeneticresearchaimedatretardingaging.Ifthebreakthroughsofr
Scientistsareparticularlyinterestedinthebrainsofpeoplewhospeakmorethanonelanguage【C1】flu______becausethatskill
OnehundredandthirteenmillionAmericanshaveatleastonebank-issuedcreditcard.Creditcardsgivetheirownersautomaticc
Youngpeopleareinevitablyattheleadingedgeofchangeandinnovationandthetravelindustryisnoexception.Youngpeopleth
InthenameofthePostgraduateAssociation,writeanemailtowelcomeoverseasstudentstostudyatyouruniversity.
Whichofthefollowingnumbersshouldreplacethequestionmark?
Manystudentsfindtheexperienceofattendinguniversitylecturestobeaconfusingandfrustratingexperience.Thelecturerspe
Duringthetwentiethcentury,theUnitedStatesparticipatedintwomajorwarsthatrequiredthenationto【C1】________itsresour
随机试题
如果人体低压触电时,可以用干燥的或绝缘的物体拉开触电者或挑开电线,使触电者()电源。
右眼视神经损伤,光照左眼,可见两眼的瞳孔变化为()
下列哪种抗生素易通过血脑屏障:
药师调剂处方时,所实施的正确程序是
采用权益法核算长期股权投资,下列事项中需要调整“长期股权投资”账面价值的事项有()。
下列选项属于邢台的有()。
根据以下资料,回答下列问题。国家统计局公布的《2011年城乡居民收入增长情况》称,通过对全国31个省(自治区、直辖市)7.4万户农村居民家庭和6.6万户城镇居民家庭进行抽样调查,2011年全国农村居民人均纯收入6977元,比上年增加1058元,剔
某班有若干人参加拔河比赛,任意分成5组,总会至少有一组的女生多于3人,那么参赛女生至少有几人?()
设函数,记F(x)=∫0xf(t)dt,0≤x≤2,则________。
Withitscommoninterestinlawbreakingbutitsimmenserangeofsubject-matterandwidely-varyingmethodsoftreatment,thecri
最新回复
(
0
)