177k views
2 votes
How can
entrepreneurs
demonstrate
transparency
to key
stakeholders?

User Qoheleth
by
7.9k points

1 Answer

4 votes

Answer:

Entrepreneurs can demonstrate transparency to key stakeholders by clearly communicating their business strategies and goals, keeping open lines of communication, and providing regular updates on their progress. They can also make sure to be honest and upfront about any challenges or issues they are facing. Additionally, entrepreneurs should be open to receiving feedback from their stakeholders and take the time to explain decisions and the reasoning behind them. Finally, entrepreneurs should strive to create an environment of trust and respect with their stakeholders by honoring commitments and being open and accountable for their actions.

User Anders Carstensen
by
7.3k points