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Question Numbers: 19-24
Directions: In the following passage, some words have been deleted. Select the most appropriate option to fill in each blank.
Directions: In the following passage, some words have been deleted. Select the most appropriate option to fill in each blank.
Companies in today's market primarily depend on three main factors: capital, trust, and innovation. While capital is crucial for funding operations and innovation drives growth, trust (A) ______ an indispensable role in the sustainability of any business. Trust is the foundation upon which long-term relationships with stakeholders, including customers, employees, and investors, are built. Firstly, companies must (B) ______ a culture of trust with their employees. When employees feel trusted, they are more likely to be engaged, motivated, and productive. This, in turn, leads to higher levels of (C) ______ and reduces turnover rates. To build trust with customers, companies need to deliver dependable products and services. This means consistently meeting or exceeding customer expectations. Transparent communication and ethical practices also (D) ______ significantly towards fostering trust. Investors are more inclined to fund companies they trust. They look for firms that have a track record of honesty, (E) ______ reporting, and robust corporate governance. A breach of trust with investors can lead to severe reputational damage and financial losses. In conclusion, while capital and innovation are vital, trust remains a (F) ______ component that ensures the continuous growth and stability of a company.
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