Pearson eText International Business: The Challenges of Globalization -- Instant Access (Pearson+)
9th Edition
ISBN: 9780136879879
Author: John Wild, Kenneth Wild
Publisher: PEARSON+
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Question
Chapter 3.5, Problem 3QS5
Summary Introduction
To Determine:
The criteria for a product to be Fair Trade certified.
Introduction:
Fair Trade Certification is a producer centric third-party certification process that sets standards for the product and its cost to maintain a fair-trading system.
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One product I regularly purchase through an intermediary is my smartphone from a retailer rather than directly from the manufacturer. The intermediary adds value in several ways, making the purchasing experience more convenient and beneficial. First, they offer comparative shopping, allowing me to evaluate different brands, models, and pricing in one location. Retailers also provide customer support through in-person assistance, return policies, and warranty services, which might not be as accessible when purchasing directly from the manufacturer. Additionally, intermediaries often offer financing options, trade-in programs, and exclusive promotions, making the product more affordable and accessible. Finally, their role in inventory management and distribution ensures that products are readily available when needed, reducing wait times for customers. These added benefits make purchasing through an intermediary a more seamless and value-driven experience.
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Chapter 3 Solutions
Pearson eText International Business: The Challenges of Globalization -- Instant Access (Pearson+)
Ch. 3.1 - Prob. 1QS1Ch. 3.1 - Prob. 2QS1Ch. 3.1 - Prob. 3QS1Ch. 3.1 - Prob. 4QS1Ch. 3.2 - Prob. 1QS2Ch. 3.2 - Prob. 2QS2Ch. 3.2 - Prob. 3QS2Ch. 3.2 - Prob. 4QS2Ch. 3.3 - Prob. 1QS3Ch. 3.3 - Prob. 2QS3
Ch. 3.3 - Prob. 3QS3Ch. 3.4 - Prob. 1QS4Ch. 3.4 - Prob. 2QS4Ch. 3.4 - Prob. 3QS4Ch. 3.5 - Prob. 1QS5Ch. 3.5 - Prob. 2QS5Ch. 3.5 - Prob. 3QS5Ch. 3.5 - Prob. 4QS5Ch. 3 - Prob. 1TAI1Ch. 3 - Prob. 2TAI1Ch. 3 - Prob. 3TAI2Ch. 3 - Prob. 4TAI2Ch. 3 - Prob. 5ECCh. 3 - Prob. 6ECCh. 3 - Prob. 7ECCh. 3 - Prob. 8MESPCh. 3 - Prob. 9MESPCh. 3 - Prob. 10MESPCh. 3 - Prob. 11MESPCh. 3 - Prob. 12MESPCh. 3 - Prob. 13MESPCh. 3 - Prob. 16MESPCh. 3 - Prob. 17MESPCh. 3 - Prob. 18MESPCh. 3 - Prob. 19MESP
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