Week 3 – Inequality and Inclusion
After two intensive days of study at inclusive society last week, I have two intensive days discussing inequalities and terms in corporate value chains.
Based on the reading, I found some interesting link between these two courses.In recent years, there has been increasing recognition of the importance of inclusive societies and inclusive business practices. An inclusive society is one where everyone can participate fully and equally in economic, social, and political life. Inclusive business practices, on the other hand, refer to the strategies and policies that businesses use to ensure that all stakeholders, including employees, customers, suppliers, and communities, benefit from their operations.
However, research has shown that there are often unequal relationships within business value chains that can limit the ability of marginalized groups to participate fully in economic life. For example, small-scale farmers may be at a disadvantage in negotiating prices and contracts with larger agribusinesses.
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