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The need and importance of transparency in business

Author

Listed:
  • ACHIM IOAN MOISE
  • ARCADIE HINESCU
  • LARISA DRAGOLEA

Abstract

“If agencies will be considered business partners and suppliers do not, they should to give up un-professional practices†states Chris Ingram the founder of the agency Ingram strategic consultancy in the UK. Volume discounts, trade-discounts, kirkbaks, overrides and other income on average, are only a few of the terms are used when referring to this practice. However, either is described, referring to an extra payment made by the agency for media ownership, payment which is above the standard commission of strategic consulting agency business.

Suggested Citation

  • Achim Ioan Moise & Arcadie Hinescu & Larisa Dragolea, 2006. "The need and importance of transparency in business," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 3(8), pages 1-2.
  • Handle: RePEc:alu:journl:v:3:y:2006:i:8:p:2
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    More about this item

    Keywords

    business transparency; business partners;

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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