Business Studies, asked by ravikantverma5522, 1 year ago

Why the public is more confident about company organization.

Answers

Answered by gratefuljarette
2

The public is more confident about company organization because there is a transparency in their working methods and procedures. The people feel secure in the environment where they are sure that they will not be given a bad deal.

Explanation:

  • It is necessary for the people to have confidence in the company organization and they are able to work for the organization without any insecurities. There are many organization who are making their working procedures transparent for the people to gain confidence in them.
  • The general public is more confident of dealing with company organisation since they feel there is less amount of corruption in the company organisations. The companies which follow ethical practices are more trusted by the public
  • The company organization that adhere to the procedures and they have a system of effective governance are more trusted by the people. The confidence of the people is built on the past experiences and they were able to  for  working with the company organizations

To know more about company organization

What are the limitations of company organization

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