COMMERCE 2OC3 Chapter Notes - Chapter 4: Fair Trade Usa, Rainforest Alliance, Negotiation
Document Summary
Operations management chapter 4: 6 behaviors of influence, reciprocation, consistency, social proof, liking, authority, scarcity, applicable laws, regulations, and trade agreements, authority. A fee charged back to the supplier for services or products not received by the customer: ethical and environmental certifications, ethical sourcing, ethical trading initiative, examples of judgemental heuristics, fair trade products, business ethics. The application of ethical principles to business situations: functional products, collaborative negotiations, comanaged inventories, confidential and. The process that occurs when both sides work together to maximize the joint outcome, or to create a win-win result; also referred to as integrative negotiations. A somewhat more collaborative form of vmi; can also refer to jit ii buyer and supplier reach an agreement regarding how information is shared, order quantities, when an order is generated, and the delivery timing and location. The practice of business ethics. certifying companies according to ethical and environmental requirements.