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
2016-11-30
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.
Questions 56 to 60
Mark each statement as either true(T)or false(F)according to the passage.
Firms with ethical values, openness, and candor have found that they can better compete and profit.
选项
A、TRUE
B、FALSE
答案
A
解析
(倒数第四段第三句话,Firms that exhibit ethical values,openness,and candor have discovered that they can better compete and profit,即那些崇尚道德观、开放性和坦白精神的企业可以更好地参与竞争赢得利润。)
转载请注明原文地址:https://kaotiyun.com/show/vuyK777K
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
ManyFuropeanuniversities,meanwhile,arestillmostlydependentongovernmentfunding.Butgovernmentsupporthasfailedtok
Usually,therearetworeasonstopursueseientifieknowledge:forthesakeoftheknowledgeitself,andforthepracticaluse
Thegiraffesurvivesinpartbecauseitcanreachthevegetationinthehighbranchesoftrees__________otheranimalshavenotg
A、Fulfillherdreamoftravellingaroundtheworld.B、GototheUKtostudyforadoctor’sdegree.C、Lookforajobbackinher
WhatAmericanhashadthelargestfamily?
Allofthefollowingfourexcept______arethemostfamousdramatistsintheRenaissanceEngland.
WhenVetwasalittlegirl,herfamilyconsistedof______.
Britaindoesn’tsharealandborderwithanyothercountryexcept______.
WhichAmericanPresidentsaid:"Weholdthesetruthstobeself-evidentthatallmenarecreatedequal"?
ForwhomdidPresidentObamadelivertheaddress?
随机试题
生理情况下影响收缩压的主要因素是
A.蚯蚓纹B.黄马褂C.鹤腿D.麻点E.鱼鳞甲生长年限长的人参,加工成红参后主根上部的栓皮木化不透明,色黯且黄,习称
X线管套内绝缘油的作用是
酶原及酶原激活的生物学意义在于
甲状腺功能亢进患者行甲状腺部分切除,如情绪紧张,甲状腺较大,甲状腺功能亢进症状控制选择
国民收入调节的最终目的是达到社会总需求等于社会总供给。()
函数y=sin4x一3cos4x的最小正周期和最小值分别是()。
2007年5月2日,吴某到某县郊区旅社住宿,拒不出示身份证件,与旅社工作人员争吵并强行住入该旅社。该郊区派出所以扰乱公共秩序为由,决定对吴某处以300元罚款。下列哪一说法是正确的?()
一辆公共汽车在正常运行时被一辆违章行驶的货车撞上,造成乘客王某受伤。王某的损失应当由谁赔偿?()
职业认同是指个人对所从事的职业主观建构的、与职业特征联系在一起的认知和感受,常常包括职业角色的意义感和价值感、职业是否有乐趣和吸引力等。职业认同分为过程性职业认同和状态性职业认同。其中过程性职业认同是指个体从自己经历中逐渐发展出的认同自己职业角色的过程;状
最新回复
(
0
)