Answer to Question #211047 in Management for Thabiso

Question

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

Answer

SPP-coop highlights the growing influence of small farmers in global trade.

Equal Exchange's goal is to foster mutually beneficial relationships between farmers and customers, demonstrating success through long-term trading agreements that are both economically and environmentally sound.

Coffee and farmer equity—Asses the economic, social, and environmental aspects of the business against a set of criteria specified in the C.A.F.E standards to ensure the industry's long-term viability.