Category: Transparency

Transparency in business means operating in such a way that it is easy for others to see what actions are performed. Transparency implies openness, communication, and accountability. Accountability is the acknowledgment and assumption of responsibility for actions, products, decisions, and policies including the administration, governance, and implementation within the scope of the role or employment position and encompassing the obligation to report, explain and be answerable for resulting consequences. All acts that maintain or improve transparency are linked to this sub-category.