Name the two conditions that assess whether someone is a stakeholder
Whether they impact the organisation and whether they are affected by the organisation.
1 of 14
Name the two extreme types of problematic competition
Overly aggressive competition and overly cosy competition (insufficient competition.)
2 of 14
Name the 2 issues in the overly aggressive context
Intelligence gathering and dirty tricks
3 of 14
Name the 6 issues under intelligence gathering
Breaking into competitor's offices, installing tapping devices, stealing IP, misrepresentation, searching in their rubbish and hiring former employees.
4 of 14
Name the 4 issues under dirty tricks
Sabotage, stealing customers, predatory pricing and negative advertising.
5 of 14
Name the issue in overly cosy competition and 2 means these can be founded upon
Collusion and cartels. Means = price fix or dividing territories.
6 of 14
Name the 2 key supplier problems
Imbalance of power and conflict of interests.
7 of 14
Name the 4 areas under suppliers and globalisation
Different ways of doing business, different labour and environmental standards, extended chain of responsibility and ethical sourcing and fair trade.
8 of 14
Name the 3 conditions that set out whether something is a gift or bribe
Intention of the gift-giver, impact on receiver and perception of other parties.
9 of 14
How can a firm deal with different ways of doing business?
Establishing a code of conduct that will guide employees when they operate in those countries that have different approaches to business.
10 of 14
Define ethical sourcing
The inclusion of explicit social, ethical and/ or environmental CRITERIA into supply chain management.
11 of 14
Name two ways this can be implemented
Certification programs and independent auditing
12 of 14
Define fair trade
A system for offering the most disadvantaged producers in developing countries a chance to move out of poverty through creating market access through benefitical rather than exploitative terms.
13 of 14
Name 2 main aims of the fair trade movement
To foster the protection and enhancement of growers and ecnourage community development by guranteeing them a minimum price and conditions
14 of 14
Other cards in this set
Card 2
Front
Name the two extreme types of problematic competition
Back
Overly aggressive competition and overly cosy competition (insufficient competition.)
Card 3
Front
Name the 2 issues in the overly aggressive context
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