Ethics In A Business Flashcards
Is fair trade ethically correct and why ?
Fair trade is ethically correct because it entitles workers to a fair wage and it helps local communities to fund projects like a new school in their area. This is helpful in developing countries such as Africa.
Why do some big companies choose not to use fair trade products ?
They choose not to use fair trade products because it means it will cost more to the company.
Why is fair trade a sustainable way to grow produce ?
It is a sustainable way to grow produce such as coco. This is because they will have more time to grow the coco and not over use the land they grow it on.
Why is fair trade increase sales ?
It increases sales because if people see a fair trade product and a non fair trade product, they are more likely to want to buy the fair trade products more because people are more ethically aware of the conditions and pay the workers get.
Why is fair trade good for consumers?
It is good for customers because they know that they are getting a product that has been ethically assured and puts their mind at rest.
