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
125
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
Acollisionbetweenanaircraftandoneormorebirdsistermedabird-strike.Pilotssometimesrecordabirdstrikewhileatcru
OnehundredandthirteenmillionAmericanshaveatleastonebank-issuedcreditcard.Creditcardsgivetheirownersautomaticc
OnehundredandthirteenmillionAmericanshaveatleastonebank-issuedcreditcard.Creditcardsgivetheirownersautomaticc
Studentscanchoosefromabouttenessaystitlesfortheirfirstassignment.
Workingouttomusiccanimprovethecoordinationofyourmindandbody,【C1】______youarefootballcrazyorkeenontennis.Th
RareamongAmericanactors,DepphasmadeanameforhimselfeffortlesslyswitchingbetweenmainstreamHollywoodmoviesandmore
[Gardenerwanted.NASArequiresagardenertogrowplantsinagreenhouse.Thesuccessfulapplicantmustbewillingtotravellong
WhereisEnglishusedinfringecountrieslikeJapan?
A、TheirtriptoSoutheastAsia.B、Therecenteconomicrecession.C、Theirhouseloanapplication.D、Thecurrentbusinesssituatio
JanetJacksontoldtheaudienceattheBlackEntertainmentTelevisionAwardsthattheentireJacksonfamilyhadwantedtoattend
随机试题
胸部,锁骨下缘,前正中线旁开2寸的是:
患者,男,58岁。慢支、肺心病,近2天因感冒而气急,咳嗽,痰不易咳出,体温38.9℃,脉搏110次/min,呼吸24次/min,口唇紫绀,两下肢浮肿,患者情绪不稳定,对疾病缺乏正确认识。该患者避免诱发因素的主要措施是
()对于大脑相当于资料对于()
有关民用建筑空调系统自动控制的目的,叙述不正确的是()
桥式起重机的桥架必须有足够的(),确保起重机正常运行。
某公司拟购置一台设备,价款为120000元,使用6年,期满净残值为6000元,按直线法折旧。使用该设备后每年为公司增加税后净利为13000元,若公司的资本成本率为14%。要求:计算各年的营业现金净流量。
实绩原则就是以下属的实绩为依据,给予适当方式的激励。根据上述定义,下列情况遵循实绩原则的是()。
()之于朋友相当于()之于婚姻
【T1】我要跟你讲讲文学是什么!不——只是但愿能做到,可实际上我做不到。(wish)对于文学的奥秘,只能略加阐释,做点提示,仅此而已。【T2】我就试着给诸位做点提示吧。(thinking)为此,我要引导你回顾一下你的历史,或者做一番遐想。【T3】比如
19thJanuary,2006MinistryofForeignTradeChang’anStreetBeijing,ChinaDearSirs,Thisletterisinregardtothewindo
最新回复
(
0
)