Answer to Question #207104 in Management for Pearl

Question

3. Fairtrade in coffee

   

 Discuss how the following alternatives to Fairtrade works, and how it is different from the principles followed by Fairtrade.

SPP-coop

Equal Exchange

Coffee and farmer equity

 

Answer 1

SPP-coop represents small farmers' increasing leadership in global trade.

Equal Exchange's objective is to develop mutually beneficial ties between farmers and customers in order to demonstrate success through long-term trading agreements that are both economically and environmentally healthy.

Coffee and farmer equity—Ensures the long-term viability of coffee producing and processing by assessing the economic, social, and environmental elements of the industry against a set of criteria outlined in the C.A.F.E standards.