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
2013-10-17
59
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.
Firms that exhibit ethical values, openness, and candor have discovered that they can better compete and profit.
选项
答案
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。
解析
(that引导定语从句,译为firms的前置修饰语。candor坦白,率真。)
转载请注明原文地址:https://kaotiyun.com/show/zRyK777K
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
FromAugustnextyear,______theEuropeanWorkingTimeDirective,juniordoctorsmustspendnomorethan58hoursaweekworkin
SummaryListentothepassage.Forquestions26—30,completethenotesusingnomorethanthreewordsforeachblank.Thisye
DemographicindicatorsshowthatAmericansinthepostwarperiodweremoreeagerthanevertoestablishfamilies.Theyquickly
Fromgoodreadingwecanderivepleasure,companionship,experience,andinstruction.Agoodbookmayabsorbourattentionsoco
RachelcametoseeDr.JonesbecauseDr.Jonesneedsherfurtherexplanationofanextensionforheressay.
Asanxiety-makers,examinationsaresecondtonone.Thatisbecausesomuchdependsonit.Theyarethemarkofsuccess【M1】____
Whenchildren—andolderpeoplewhoshouldknowbetter—thinkofpirates,theythinkofstorybookcharacters.Themost【C1】fa______
Romanticismreachedfullbloomintheyear1789whenWilliamWordsworthandSamuelColeridgejointlypublished______.
Sheis______amusicianthanherbrother.
Itook______oftheopportunitytotellhimwhatIthought.
随机试题
A.血C3正常B.血C3在疾病活动期下降C.血C3持续降低D.C3在起病初期下降,8周内恢复正常微小病变型肾病患者
急性心肌梗死后冠脉再通(再灌注)的最佳时间为起病后的
试述高速公路热拌沥青混合料的配合比设计步骤。
盛水容器a和b的上方密封,测压管水面位置如图6—1—6所示,其底部压强分别为pa和Pb。若两容器内水深相等,则Pa和pb的关系为()。
【背景资料】A公司承包某厂车间扩建机电安装工程,工程范围有桥式起重机安装、车间内通风空调风管安装、动力电气线路、消防管道安装等。桥式起重机安装高度为18m,通风空调风管和消防管道安装标高为24m,风管在现场制作,电气线路敷设于电缆沟,并与该厂
财务评价的基本报表包括()。
马克思列宁主义
()采用相对零点为测量起点的测量结果只能进行加减运算,而不能进行乘除运算。
Ittakesalongtimetogotherebytrain.It’s______byroad.
A—favorablebalanceoftradeB—specialpreferenceC—transittradeD—tarif
最新回复
(
0
)