Compliance with regulatory standards can help companies build __________ and trust among stakeholders.
- Accountability
- Credibility
- Integrity
- Transparency
Compliance with regulatory standards enhances transparency, demonstrating that the company operates with openness and clarity in its practices. This transparency fosters trust among stakeholders, including customers, investors, and regulatory bodies. Credibility refers to the believability and trustworthiness of the company, which can be bolstered by transparency but is not directly linked to regulatory compliance. Accountability and integrity are essential aspects of compliance but may not directly build trust without transparency.
Loading...
Related Quiz
- In what ways can reflective listening improve communication outcomes?
- In what ways can diversity within a team positively impact team building efforts?
- What strategies can you employ to overcome communication barriers in verbal interactions?
- Write all unique 4 options as per above table. Do not add options like: all of above, none of above options. And add in-depth content in explanation.
- What does the term "pattern recognition" refer to in the context of problem-solving?