Why do consumers purchase fair trade products Discuss Essay

Why do consumers purchase fair trade products Discuss - Essay Example The traditional theories of consumer behaviour were strongly related to the rational aspect of consumers whereas in the present scenario the consumers buy more of justice, intangibility and conscience. The issue of ethical consumerism has gained its importance in the recent times which clearly states that while making purchase decisions the factor of ethics is highly integrated by the consumers. The concept of fair trade can be related to an organized social movement with a goal to help the producers located in developing countries to make the best practices of trading and even to encompass sustainability. The fair trade practices comprise of high environmental and social standards and even advocates a higher price payment to the exporters. It is a kind of trading partnership that is based majorly on transparency, respect and dialogues that secures more of equity in the practice of international trade (Ransom, 2006, pp. 94-95). The major benefit of such fair trade is that it tries to establish the best conditions for trading and even secures rights for those marginalized workers or producers. These fair trade practices usually demands for the support of the consumers in order to raise awareness, campaign for changes, and even support the producers so as to eliminate the loopholes that are in conventional trading. There are certain fair trade organizations such as FLO Intern ational, World Fair Trade organization, Network of European Worldshops, European Fair Trade Association that involves into various forms of ethical marketing programs and aims at selling fair trade products mainly through supermarket channel so as to create a real impact through large volumes of product sales. The fair trade products provide the opportunity to the customers to shop everyday and help to reduce the level of the poverty across the world and develop a bright future (White, Macdonnell and Ellard, 2012, pp. 103-118). The fair trade mark on the

Business Law Essay Example | Topics and Well Written Essays - 1500 words - 4

Business Law - Essay Example This method of justice strives to create an alternative forum away from the Courts which is more relaxed in nature, which allows for a more chilled out atmosphere and where the procedural importance given to the cases is reduced in order to allow the human touch a greater importance. Following is the definition of Alternate Dispute Resolution: â€Å"Procedures for settling disputes by means other than litigation; e.g., by arbitration, mediation, or minitrials. Such procedures, which are usually less costly and more expeditious than litigation, are increasingly being used in commercial and labor disputes, Divorce actions, in resolving motor vehicle and Medical Malpractice tort claims, and in other disputes that would likely otherwise involve court litigation.†1 Reading and understanding from the above definition, it can be interpreted that ADR is an alternate mechanism for justice which is less costly and more expeditious. Alternate Dispute Resolution consists of Arbitration, M ediation and Conciliation. Arbitration is a process by which the parties to the dispute appoint an independent Arbitrator who judges the case for the respective parties. This independent arbitrator is appointed on the behest of both the parties. Once the arbitrator is decided, the venue for the arbitration depends upon the parties to the matter. ... These systems envisage a concept where the parties mediate and conciliate with the other parties on their own without the admission of an arbitrator. The process of Mediation and Conciliation is considered to be more in the zone of a personal conversation rather than a legal case going on.2 The idea of ADR has always been to allow a more open and calm approach towards justice delivery system. And it has ben quite successful in the Europe and UK with a streamlined method of arbitration, medication and conciliation process in practice. The ADR Group is a world-renowned commercial arbitration organization, which indulges in systematic approach towards the problem solving of arbitration. ADR, thus, improves the judicial system in the following ways: 1. Less Burden on the courts 2. Less expensive than litigation 3. Less time consuming than litigation 4. Less stressful than litigation 5. More freedom to the parties to represent their case 6. Greater opportunity for the party to be heard 7. More chances of better justice delivery since every argument is taken into proper consideration Tribunals The UK Tribunal system is extremely diligent in nature. The UK Tribunal system is part of the administrative justice system, which is the place for justice delivery. It is known as Non-Departmental Public Bodies. The Tribunals take the parallel role of dealing with issues ranging to different areas of law, such as Competition Law, Environmental Law, Taxation Law etc. The Tribunals are quasi judicial bodies which are responsible for granting justice as a means away from the basic court justice delivery system. â€Å"The tribunals are managed by the Tribunals Service, which is an executive agency of the Ministry of Justice. Recently, the tribunals have been re-organized, so that