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Phil/1404 Ethics And Social Responsibility

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University of the People Written assignment unit 5 PHIL 1404: Ethics and Social Responsibility. 6 th March 2024 Introduction Ethical shopping has become more popular in today's worldwide economy as people look for goods that are consistent with their beliefs. The fair trade movement has gained prominence as a leader in moral business practices, especially when it comes to coffee, with the goal of enhancing the lot of farmers in poor nations. The discussion examines the effect of fair trade on the economy. reveals the author's preference for fair trade coffee. It also explores other strategies for accomplishing related goals and examines the factors that influence customers' decisions. purchase fair trade goods …show more content…

Paulos, n.d., ed. acknowledge the difficulties and debates surrounding fair trade, and support programs. putting social welfare and sustainability first is a significant step in the right direction. Is there another way of achieving the objectives of improving the lives of developing-country farmers and producers than the Fair Trade approach? Describe at least one option. There are undoubtedly more strategies outside of the fair trade framework for improving the living conditions of farmers and producers in developing nations. Facilitating direct trade ties between producers and customers is one such choice. Customers can participate in mutually beneficial transactions that put fair compensation and open communication first by avoiding middlemen and forming direct relationships. With the help of this direct trade approach, farmers may bargain directly with purchasers to secure a larger portion of the earnings staying in the community. Paulos, n.d., …show more content…

List a few reasons and analyze each of them. There are many different reasons why consumers buy fair trade products, and each one reflects. their own interests and values. First and foremost, ethical issues are important because customers. want to support programs that advance social justice and reduce poverty in developing nations. The fair trade mark is a concrete representation of their dedication to ethical consumption. indicating a thoughtful decision to put the welfare of disadvantaged producers first. (Tim Hunt 2024) Additionally, fair trade products appeal to consumers since they are thought to be genuine and of high quality. Customers that place a high value on environmental stewardship and traceability in their purchase decisions are drawn to the emphasis on transparent supply chains and sustainable farming techniques. Also, the fair trade movement appeals to customers who value community involvement and social cohesiveness since it reflects the values of empowerment and solidarity. A global movement for fair trade practices and inclusive economic growth is actively supported by customers who purchase fair trade items. Tim Hunt 2024 - "The 'Tim

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