What role does transparency play in building trust between individuals?
Transparency is crucial for building trust as it fosters open communication and accountability.
Can you give me examples of transparency in business?
Sure! Companies that share their decision-making processes and financial reports often gain more trust from customers.
How can organizations improve their transparency?
Organizations can improve transparency by regularly communicating with stakeholders and being open about their practices.
Are there any risks associated with being too transparent?
Yes, excessive transparency can lead to information overload or expose sensitive data, which might harm the organization.
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