What fair trade mean to the leaders at Theo and what would happen if fair trade goals conflict with a company's primary responsibility to be profitable. Concept Introduction: There are ten principles that World fair Trade Organization (WFTO) prescribes which must be followed by the world trade organizations in their day-to-day tasks and activities and are monitored well to ensure that they are being followed up by all of their employees. These ten principles of fair trade include: Creating Opportunities for Economically Disadvantaged Producers. Fair Trading Practices. Transparency and Accountability. Fair Payment. Follow Non Discrimination, Gender Equity and Women's Economic Empowerment, and Freedom of Association practices. Ensuring no Forced Labour and Child Labour. Developing skills and capabilities. Ensuring Good Working Conditions. Impact on the Environment. Promoting Fair Trade.

Question

Please original work Compare and contrast H-E-B and Walmart mission, values, and vision statements and include: Which company has a more inspiring vision statement? Why? Which company better describes the reason for its existence? How? Which company’s values most resonate with you? Why? Which company has done a better overall job of preparing the mission, values, and vision statements in order to design an effective balanced scorecard? Explain. Please cite in text references and add weblinks

Answer 1

Question

Chapter 4, Problem 3OTJVC

Summary Introduction

To determine:

What fair trade mean to the leaders at Theo and what would happen if fair trade goals conflict with a company's primary responsibility to be profitable.

Concept Introduction:

There are ten principles that World fair Trade Organization (WFTO) prescribes which must be followed by the world trade organizations in their day-to-day tasks and activities and are monitored well to ensure that they are being followed up by all of their employees.

These ten principles of fair trade include:

Creating Opportunities for Economically Disadvantaged Producers.

Fair Trading Practices.

Transparency and Accountability.

Fair Payment.

Follow Non Discrimination, Gender Equity and Women's Economic Empowerment, and Freedom of Association practices.

Ensuring no Forced Labour and Child Labour.

Developing skills and capabilities.

Ensuring Good Working Conditions.

Impact on the Environment.

Promoting Fair Trade.

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