Management (MindTap Course List)
12th Edition
ISBN: 9781285861982
Author: Richard L. Daft
Publisher: Cengage Learning
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Question
Chapter 5, 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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Chapter 5 Solutions
Management (MindTap Course List)
Ch. 5 - Prob. 1OTJVCCh. 5 - Prob. 2OTJVCCh. 5 - Prob. 3OTJVCCh. 5 - Prob. 1DQCh. 5 - Prob. 2DQCh. 5 - Prob. 3DQCh. 5 - Prob. 4DQCh. 5 - Prob. 5DQCh. 5 - Prob. 6DQCh. 5 - Prob. 7DQ
Ch. 5 - Prob. 8DQCh. 5 - Prob. 9DQCh. 5 - Prob. 10DQCh. 5 - Prob. 1EECh. 5 - Prob. 2EECh. 5 - Prob. 3EECh. 5 - Prob. 4EECh. 5 - Prob. 5EECh. 5 - Prob. 6EECh. 5 - Prob. 7EECh. 5 - Prob. 8EECh. 5 - Prob. 9EECh. 5 - Prob. 10EECh. 5 - Prob. 1SGBCh. 5 - Prob. 1EDCh. 5 - Prob. 2EDCh. 5 - Prob. 3EDCh. 5 - Prob. 1CFCACh. 5 - Prob. 2CFCACh. 5 - Prob. 3CFCA
Knowledge Booster
Similar questions
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