Question 5Tips1 pts What is the assumed role of consumers, investors, and the media in transparency/disclosure-based approaches?Group of answer choicesActive transparency monitors linking to reputation and social license concernsPassive observersBeneficiaries of transparencyPolicy-makers ensuring strict compliance
Question
Question 5Tips1 pts What is the assumed role of consumers, investors, and the media in transparency/disclosure-based approaches?Group of answer choicesActive transparency monitors linking to reputation and social license concernsPassive observersBeneficiaries of transparencyPolicy-makers ensuring strict compliance
Solution
The assumed role of consumers, investors, and the media in transparency/disclosure-based approaches is that of active transparency monitors linking to reputation and social license concerns. This means that these groups are expected to actively monitor and evaluate the transparency of organizations. They are not just passive observers, but are involved in holding organizations accountable for their actions. This is linked to reputation and social license concerns, as organizations that are not transparent may face damage to their reputation and lose their social license to operate.
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