BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

MANAGEMENT INFORMATION SYSTEM

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In information systems, transparency means being able to respond appropriately to changes in conditions, demand, or new opportunities.
A
True
B
False
Explanation: 

Detailed explanation-1: -Transparency is a condition where the material facts of an enterprise are made available in a timely, and preferably reusable, manner. Material facts encompass reliable information critical to the decision making of both internal and external stakeholders.

Detailed explanation-2: -What does being transparent mean? To be transparent means to share your thoughts and opinions honestly and respectfully. Transparency is an approach to communicating and forming relationships that emphasize being direct with people in your workplace.

Detailed explanation-3: -“Transparency is the practice of being open and honest with others, no matter how challenging it might be. For both personal and professional relationships to thrive, you need to eliminate the stigma that comes with being straightforward.” Encouraged transparency means being straightforward and leading by example.

Detailed explanation-4: -According to Forbes: “Business transparency is the process of being open, honest, and straightforward about various company operations. Transparent companies share information relating to performance, small business revenue, internal processes, sourcing, pricing, and business values.”

There is 1 question to complete.