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A farmer growing cocoa beans enters into a contract with a chocolate factory. According to the contract, the chocolate factory will buy a ton of cocoa beans from the farmer at the price of $2,200 per ton next month. A day after the contract is signed the price of cocoa beans falls to $2,000 per ton. If the farmer and the chocolate factory go ahead with the contract:
Human Suffering
The experience of physical, psychological, or emotional pain or distress by humans.
Stakeholders
Parties or individuals who have an interest or investment in a particular business or project and can be affected by its outcomes.
Board of Directors
A group of individuals elected by shareholders to oversee the management and major decisions of a corporation.
Local Communities
Groups of people living in the same geographic area, sharing common social ties, and interacting with each other on a daily basis.
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