Issues for global businesses

Cards (22)

  • What is Fairtrade primarily concerned with?
    Stable prices, decent working conditions, and the empowerment of workers
  • How does Fair Trade support workers in developing countries?
    By advocating for better working conditions and improved terms of trade
  • What does a Fair Trade mark indicate about a product?
    It meets internationally agreed social, economic, and environmental standards
  • What are some of the standards included under Fair Trade?
    Protection of children, suitable working conditions, environmental care, and fair pricing
  • What does environmental compliance require from organizations?

    To comply with government environmental laws, regulations, and standards
  • Why can managing environmental compliance be challenging for organizations?
    It can be very demanding and time-consuming
  • What must organizations do to ensure they meet environmental compliance requirements?

    Undertake environmental monitoring
  • How does compliance with environmental laws benefit organizations in the eyes of consumers?

    It gives them a better image and is seen as producing sustainable products
  • What is an example of environmental compliance?
    Safe disposal of industrial waste
  • What are some examples of unethical work practices?
    Sweatshops, child labour, and forced labour
  • What characterizes sweatshops?
    Low wages, long hours, and poor working conditions
  • Why are sweatshops particularly common in developing countries?
    Labour laws are often not enforced in those regions
  • What risks do workers in sweatshops face?
    Exposure to dangerous working conditions and toxic waste
  • What is child labour defined as?
    Work that deprives children of their childhood and education
  • In which regions is child labour typically found?
    In developing countries with high poverty and low educational opportunities
  • What is forced labour?

    Work obtained under threat of penalty through force, fraud, or coercion
  • How does forced labour differ from voluntary work?
    Forced labour is obtained under threat, while voluntary work is freely chosen
  • What does the Fair Trade mark signify about a product?

    It indicates that the product meets international standards for social, economic, and environmental practices.
  • What is the significance of international standards in Fair Trade?
    They ensure that products are produced under fair conditions and practices.
  • How can organizations gain a competitive edge through environmental compliance?
    By enhancing their image as sustainable producers in the eyes of consumers.
  • What are the implications of factory collapses and fires in sweatshops?
    They highlight the dangerous working conditions and lack of safety regulations in those environments.
  • What are the consequences of exposure to toxic waste for workers?
    It can lead to serious health issues and unsafe working conditions.