Preview

Summary: The Better Business Bureau

Good Essays
Open Document
Open Document
260 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Summary: The Better Business Bureau
According to Ferrell, Fraedrich, & Ferrell, the Better Business Bureau (BBB) protects its businesses and consumers are it rating system and its dispute resolution services. However, consumers are not happy with these services because BBB charges the consumer for this service (Ferrell, Fraedrich, & Ferrell, 2015 p. 482). Moreover, the consumers felt that BBB favor the businesses over the consumer because of this service fee. Furthermore, consumers have stopped reporting complaints due to the time, effort and money that they would have to incur to see the issue resolved (Ferrell, Fraedrich, & Ferrell, 2015). Thus, BBB was criticized for being too friendly with businesses since they receive fees for performing actions for businesses that the consumer is not aware of (Ferrell, Fraedrich & Ferrell, 2015 p. 482). …show more content…

Moreover, “after that report and others, the bureau made changes, including dropping its policy of reserving an A+ rating for BBB-accredited businesses” (Consumer Reports magazine: August 2011). However, “BBB remains an easy source for information about companies and for receiving alerts and tips. Nevertheless, it should not be the only source. Furthermore, when viewing a BBB report, do not put a lot of weight on the higher letter grade or in BBB accreditation (Consumer Reports magazine: August 2011). Thus, “do pay attention to a low grade; it could be a sign of real trouble” (Consumer Reports magazine: August

You May Also Find These Documents Helpful

  • Better Essays

    Pamela Spencer Case

    • 2177 Words
    • 9 Pages

    Cited: Brown, Carol A., Christina L. Grippi, and John W. Mullins. Pamela Spencer: Is the Customer Always Right? The McGraw-Hill Companies, Inc., 2012. Print.…

    • 2177 Words
    • 9 Pages
    Better Essays
  • Good Essays

    personal Finance week 5

    • 366 Words
    • 2 Pages

    4. What is the Better Business Bureau? (0.5 points) an organization that reports on the reliability and ethics of other companies and organizations…

    • 366 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Study Questions 4

    • 480 Words
    • 2 Pages

    A Better Business Bureau (BBB) is a private, nonprofit organization that provides services and programs to assist consumers and businesses…

    • 480 Words
    • 2 Pages
    Good Essays
  • Better Essays

    BUSN-115 Week 3 Assignment

    • 1012 Words
    • 5 Pages

    The United States of America has many laws to promote a fair, balanced, and competitive environment for businesses. This is partially accomplished through the Federal Trade Commission’s…

    • 1012 Words
    • 5 Pages
    Better Essays
  • Good Essays

    The BBB’s vision, “An ethical marketplace where buyers and sellers trust each other” emphasizes their desire to make the marketplace equally good (Better, 2015, para. 1). Further, their mission expresses their desire “to be the leader in advancing marketplace trust” (Better, 2015, para. 2). Ultimately, the BBB’s process is to achieve their mission by setting standards for trust; encouraging and supporting best practices by educating consumers and businesses; celebrating role models; addressing poor behavior; and creating a community of businesses and charities the public can trust (O’Brien, 2012).…

    • 597 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The business related laws in the United States intend to foster free, fair, balanced and effective business practices. Laws protecting consumers in the United States disallow unfair, deceptive and anti-competitive business practices. Despite significant legislative differences from one state to another, a major premise is that deceptive and unfair business practices are unethical and inappropriate (Cartewr, 2009). These laws constitute critical legal underpinnings for ethical business practices and fair treatment of consumers in the market (Nickels & McHugh, 2013).…

    • 597 Words
    • 3 Pages
    Good Essays
  • Best Essays

    This article is about consumer complaints as it relates to online shopping and the recovery of the service provided to them. For the most part…

    • 1503 Words
    • 7 Pages
    Best Essays
  • Good Essays

    References: Cheeseman, H.R. (2010). Business law: Legal environment, online commerce, business ethics, and international issues (7th ed.). Upper Saddle River, NJ: Pearson Prentice Hall. Morel, J. L. (205, October). Alternative Dispute Resolution. IDC Quarterly, 15(4), 1-3.…

    • 1101 Words
    • 5 Pages
    Good Essays
  • Good Essays

    The Better Business Bureau collects data on a particular business’s reliability, alerts the buying public…

    • 350 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Q.3. Is there anything else that can be done to curtail this sort of egregious business behaviour (scandals) other than legislation?…

    • 659 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Profitability

    • 491 Words
    • 2 Pages

    BJB will apply a Six Sigma approach to manage and improve customer complaints’ management process. This methodology provides an organized structure for solving and analysis of problems. BJB will apply DMAIC (Define, Measure, Analyze, Improve, and Control) phases to solve and define problems within the organization. First, the problem is defined, variables influencing processes are measured, cause for process failure are analyzed, improvements are planned and made as well as variables are controlled until a defined six sigma level and a solid level of customer satisfaction is determined.…

    • 491 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Develop an Ethics Program

    • 2166 Words
    • 9 Pages

    3. To maintain the philosophy that the customer is always right (we know this is not always the case, but making the customer feel this way is the secret). Please report management if any incident where a customer treats you in a hostile or abusive manner. You are not expected to endure hostile or abusive language or manner and should ask this behavior be discontinued before you can continue the service or refer the situation to BWC management.…

    • 2166 Words
    • 9 Pages
    Better Essays
  • Powerful Essays

    Debt and Exchange Rate

    • 4733 Words
    • 19 Pages

    S&P said the changes in 37 financial companies' ratings reflect the firm's new criteria for banks, and they incorporate shifts in the industry and the role of governments and central banks worldwide. The agency did not release its evaluation of each company but said it plans to discuss the changes during a conference call early Wednesday.…

    • 4733 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    For many years the Congress or Federal Government had to step into help and protect consumers by creating lawful Acts. Some of these acts are: the Family Educational Rights and Privacy Act (1974), Fair Credit Reporting Act (1970), Computer Fraud and Abuse Act, (1986), The Telephone Consumer Protection Act (1991), and Do not Call Implementation Act (2003). Presently the Federal Government has numerous acts that authorize the government to implement consumer protection; however, this paper will address only two of them. We will discuss the Telephone Consumer Protection Act (TCPA) of 1991 and the Do not Call Implementation Act of 2003.…

    • 661 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Social Media

    • 2155 Words
    • 9 Pages

    (B2B), in the public sphere to resolve government and citizen (G2C) disputes, and in the resolution of disputes related to intellectual property. A consumer transaction (B2C), akin to a consumer dispute, will be one where an individual,…

    • 2155 Words
    • 9 Pages
    Powerful Essays