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Define the term trade. Trade is the exchange of goods and services between two or more parties, often involving money as a medium of exchange.
Differentiate between fair and unfair trade?
How much was the Ghana farmers earned per day? The Ghana farmers earned as little as R2.00 per day.
What did the farmer do to receive more money from the cocoa farming? The farmers decided to process their cocoa beans into chocolate themselves instead of just selling the raw beans.
What is the brand name of the chocolate bars produced by Ghana farmers? The brand name of the chocolate bars is Dubble and Devine.
Mention THREE things that make this company a fair-trade company. Three things that make this a fair-trade company are:
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This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.