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Unit 37 P2

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Explain implications of the Asda and stakeholders of Asda operating ethically Stakeholder | Brief | Ethical trading that affect asda | Owners/ CEO | The director of the whole business. He or she is the one that employs workers to work for him/her so he/she can make profit. | The owner of Asda has partnered up with ethical trading initiative therefore the owner must make sure all his suppliers follow the Asda ethical policy. His workers must be working in a safe and hygienic environment so therefore his workers must receive health and safety training. This affects Asda because they have to spend money in training in health and safety procedures.http://www.ethicaltrade.org/eti-base-code | Employees | who work for asda and help sell goods for the customers | Ethical trading policy affects employees because the policy states that workers/employees must be treated equally with no discrimination also they must be paid equally e.g. national minimum wage. The policy also states that employee must go through health and safety training. This will affect Asda because it will have to pay more money so that the working conditions. http://www.ethicaltrade.org/eti-base-code | Suppliers | They provide resources for Asda and products for a lower price. | Trading policy affects Asda because suppliers must follow Asda’s ethical policy where its suppliers must follow the rules of the ethical trading policy such no child labour, no excessive working times, they must have health and safety conditions etc. this affects Asda because they limited their suppliers and have to find one that follows all their polices. This will limit their opportunities for lower prices. http://www.asdasupplier.com/about-us/ethics-at-asda/ethical-policy | Competitors | They sell the same types of products as asda but in their own version the product can be the same product but different prices |

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