Asked by Harry Singh on Jul 15, 2024
Verified
A company that makes its practices, policies, and future plans available to customers is practicing transparency.
Transparency
Involves opening up the company to the outside world by making its practices, policies, and future plans available to customers.
- Comprehend the importance of transparency in corporate practices for trust-building with customers.
Verified Answer
JP
Jared ParrishJul 18, 2024
Final Answer :
True
Explanation :
Transparency in a company involves openly sharing information about its practices, policies, and future plans with customers and stakeholders, fostering trust and accountability.
Learning Objectives
- Comprehend the importance of transparency in corporate practices for trust-building with customers.
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