Which component of C.A.F.E. Practices ensures that farmers receive a fair share of the coffee price?

Prepare for the Starbucks Coffee Academy Origin and Ethical Sourcing Exam. Utilize flashcards and engaging multiple-choice questions with insightful hints and explanations. Ace your certification effortlessly!

The focus on Economic Transparency within C.A.F.E. Practices is crucial because it establishes clear and fair pricing structures that ensure farmers receive a fair share of the coffee price. This component promotes accountability and openness in the supply chain, allowing farmers to understand the pricing mechanisms and how their production interacts with market demands. By facilitating transparency in transactions, it ensures that farmers are not only paid fairly for their labor and investment but also helps them plan better for future production based on reliable financial inputs.

Moreover, Economic Transparency can lead to improved relationships between coffee producers and buyers, fostering a more equitable distribution of profits throughout the supply chain. This aspect reflects the commitment to ethical sourcing and supports the financial sustainability of farming communities, which is integral to Starbucks’ overall goals for responsible sourcing and community welfare.

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