Question

How has Theo Chocolate incorporated its model of philanthropy and social responsibility into a successful business concept?

What advantages does Theo Chocolate have by sourcing cocoa from the Congo, even though the chocolates end up costing consumers more?

Answer 1

@Vocaloid

Answer 2

@Shadow

Answer 3

@Ferredoxin4

Answer 4

@Gdeinward

Answer 5

@slipknot3066

Answer 6

@Aeon

Answer 7

@Ultrilliam

Answer 8

any ideas?

Answer 9

please help

Answer 10

I'll give you a base statement, you can raise it from there because I don't know that much about Theo Chocolate

Q1 - They used fair trade and promoted organic industries in chocolate manufacturing. This meant a sustainable supply.

Q2 - [I'm giving you an economic aspect on this one, I don't know what's expected]
1 - It raised employment, of course.
2 - It promoted the economic status of farmers in the fields supplying cocoa.
3 - High costs for consumers means higher demands. This shifts the demand curve to the right, while the supply curve is supposedly constant. Prices would increase at equilibrium but the quantity of demand and supply would as well.

I'm not sure about Congo's imposed price floors or ceilings, but if Congo was involved in a price ceiling, it would be beneficial for the labor supply by offering a minimum wage.

Is there any extra given information?

Answer 11

thank u

Answer 12

no

Answer 13

Also considering there were other locations to source the Cocoa (i.e. Costa Rica which is much more developed), it would be helpful for the company itself because it's an outsourcing location.
It would be a transnational corporation, leading more quantity of supply because of fewer input costs of land and labor.

Answer 14

thank u for the information

Answer 15

actually there is more info but in the book

Answer 16

can I give it to u later I can't now

Answer 17

ok