Module 2 Flashcards
________ is perhaps one of the hardest, yet most important, to practice on a consistent basis. Fairness refers to equal treatment
Fairness
_________ in business refers to the value of treating people with a standard of performance that is consistent and equal based on commitments.
Fairness
_______ refers to the obligation and responsibility to give an
explanation or reason for the company’s actions and conduct.
Accountability
___________ and _____ ______ ______ is a very
effective tool in enhancing performance at every level of organization.
Clear communication, Well defined goals
they’re becoming
more vocal and more active, investors want more information
about board performance, morally acceptable policies and practice
compensation policies and the behavior of senior management
as well as fully transparent financial data and information on to
company’s prospects for growth.
institutional.imvestors
are starting to voice out the;
clear their concerns and demand information in all sorts of areas, including
product quality,
customers
once they accept new positions, employees want Information related to company finances and operations, and guidelines on how the can improve processes, performance and profitability
employees
Companies face enormous pressure from common groups to be good corporate citizens.
communities
A willingness by the company to provide out their clear information to shareholders and other stakeholders.
transparency
A transparent business.
Respect, Positive Public Perception, Staff involvement, Customer Service, Image Management