Question 2: (10 Marks) XXXXXXXXXXWords and at least APA References Different Countries have different cultural Norms and Moral Values in their Society. Explain the term “Ethical Sourcing” Select an...

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Question 2: (10 Marks) 400-500 Words and at least APA References Different Countries have different cultural Norms and Moral Values in their Society. Explain the term “Ethical Sourcing” Select an Industry or Business and illustrate the issues that need to be highlighted for this to occur. Include labour and workforce in your response.
Answered Same DayJun 16, 2021

Answer To: Question 2: (10 Marks) XXXXXXXXXXWords and at least APA References Different Countries have...

Udit answered on Jun 17 2021
143 Votes
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ETHICAL SOURCING
Ethical Sourcing ensures that responsible and sustainable means have been adopted to obtain product
s. Ethical Sourcing is considered to be a feasible approach to supply chain management and Sourcing (Fariss, 2021). It also includes in-depth details of the entire procurement process, from engaging to managing relationships with the suppliers.
Issues Concerning Ethical Sourcing
Starbucks is considered to have ethically sourced its coffee in corners. The main stone of its ethically sourced approach to get coffee is coffee and farmer equity. Suppliers are responsible for producing proof of payments made for coffee beans during the supply chain process. It includes an amount paid to farmers directly for their production (Kang & Namkung, 2018). All coffee must meet the standard of high quality that Starbucks maintain. A major issue addressed is when farmers, in time of harvest – cycle, starve to cover expenses until the crops are sold. In the time of cash shortage with farmers, they tend to sell their crops to the local buyers less. Through ethical Sourcing, if farmers are provided with loans and funds, they will invest in their farms and make capital appraisal quickly....
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