The fair trade concept is most closely related to which operations management process?

Question

Quizplus · Accepted Answer

Fair trade involves ensuring that producers in developing countries receive fair prices for their products. This is directly related to the purchasing process in operations management, where companies are responsible for procuring goods and services from suppliers. The fair trade concept focuses on purchasing products from suppliers who uphold fair labor practices and pay fair prices to their workers, which aligns with the goals of responsible purchasing in operations management.

The Fair Trade Concept Is Most Closely Related to Which