Question

Impact of transparency in corporate communications practice

Answer 1

Answer:

Communication is done to bring the overall effectiveness and efficiency in the business working and attainment of the goals and objectives.

Transparency in any type of communication helps to bring clarity and concert working structures with the authenticity of work producers.

Therefore, it brings an overall positive impact on the organization and its working members.

Impact of transparency in corporate communication -

1- Proper working structure - When a Corporate sector has a proper working structure this eases the working among the different channels and levels of the firm.

2- Authority and Answerability - When the corporate sectors create communicate well among and outside parties related to the procedures provide an equal amount of answerability and authority for further procedures.

3- Effectiveness and Efficiency - The Proper communication skill set and the structure helps to boost the firm working structure that helps to the attainment of its main goal of efficiency and effectiveness.

These are the basic positive impact when the corporate sector opts for transparency in communication.

Learn from more -https://causecapitalism.com/how-transparency-can-benefit-your-company-theres-more-to-be-gained-than-consumer-trust/

Answer 2

Transparency is necessary for the corporate governance since it helps in evaluating the working and management of the organization. This helps in taking corrective actions wherever they are needed within the organization.  

Explanation:

• Transparency is needed since the people working in the organization should be aware of the status of the organization for them to make their decision within the system.  

• Transparency helps to make people more responsible in terms of their roles and responsibilities in the organization.  

• It motivates the people and makes them see the reasons that are there behind their work and dedication.

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