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Civic Ethics

National Civic
      Summit
Civics and Ethics
              Taking Action in the Marketplace
Civic Duty…
 Rights & Responsibilities
 Politics & Economics
 Issues
 Action

Ethical Duty…
 Trust & Integrity
 Politics & Economics
 Issues
 Action
                         Civics and ethics meet in the marketplace.
Better Business Bureau

Meet the BBB…
     Or …take a new look at an old flame…!

About Us:
 Non-profit, membership organization, 1st in the nation

Our Vision:
 An ethical marketplace where buyers and sellers can trust each
  other
BBB Mission

                       Mission:
            To be the leader in advancing
                 marketplace trust.

How?
•   Creating a community of trustworthy businesses
•   Setting standards for marketplace trust
•   Encouraging and supporting best practices
•   Celebrating marketplace role models, and;
•   Denouncing substandard marketplace behavior
History of the BBB

 Ethical Business Movement - 1912

 Evolution of BBB Services

 Self-Regulation of the Marketplace

 Trust in Action
Services of the BBB

   Company Reliability Reports
   Consumer Education
   Business Education
   Scam Alerts
   Conflict Resolution Services
   Conflict Management Training
   Advertising Review
   Charity Review
                              Trust in Action!
Consumer Trust
> Consumer Trust

Trust in business is declining
   Only half of people say
   they have a great deal
   or quite a lot of trust

Complaints are increasing
   Complaints have risen for
   five straight years, and
   have now topped more
   than one million per year
What is

 trust?
> What is trust?

Trust is…

    Integrity
      Honesty
      Reputation for being truthful

   Performance
     Good track record of producing
      results
     Doing what you say you are
      going to do
> What do consumers say?
Importance of Factors In Trusting Business
Is there a decline in Trust?

   Decline in trust in business
   Decline in trust in leaders
   Questions about ethical behavior
   Effects on politics and economics


What ACTIONS are being taken
to address the decline?
The Power of
Word of Mouth
The Value of Trust

From a consumer’s point of view:


When you don’t trust a business, you are more
 likely to:

  > Cut back on purchases
  > Switch to the competition
  > Share negative word of mouth
BBB in the Digital Age

What does the BBB learn about the marketplace by
 monitoring word of mouth online?

New trends in advertising
New products and services
Complaints about advertising and selling practices
Learn what people are saying about the BBB

How we monitor:
 Google Alerts
 Tweetbeeps
 Online research tools
BBB in the Digital Age
Why follow the BBB?

 Find out the hot topics and
complaint trends

 Keep informed on important
marketplace tips and scams

 Share your questions with the
entire BBB community
Ethics in the Marketplace
        What can YOU do?


 Be an informed consumer. Check company reports
  before you buy! Follow the BBB on the web!

 If you experience a problem or see a misleading
  ad, tell us!

 Take action in the marketplace as a responsible
  consumer!




              www.bbb.org
Thank you.   Lisa Jemtrud
Director of Outreach and Industry Services
            www.thefirstbbb.org

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Civic Ethics and the Better Business Bureau

  • 2. Civics and Ethics Taking Action in the Marketplace Civic Duty…  Rights & Responsibilities  Politics & Economics  Issues  Action Ethical Duty…  Trust & Integrity  Politics & Economics  Issues  Action Civics and ethics meet in the marketplace.
  • 3. Better Business Bureau Meet the BBB… Or …take a new look at an old flame…! About Us:  Non-profit, membership organization, 1st in the nation Our Vision:  An ethical marketplace where buyers and sellers can trust each other
  • 4. BBB Mission Mission: To be the leader in advancing marketplace trust. How? • Creating a community of trustworthy businesses • Setting standards for marketplace trust • Encouraging and supporting best practices • Celebrating marketplace role models, and; • Denouncing substandard marketplace behavior
  • 5. History of the BBB  Ethical Business Movement - 1912  Evolution of BBB Services  Self-Regulation of the Marketplace  Trust in Action
  • 6. Services of the BBB  Company Reliability Reports  Consumer Education  Business Education  Scam Alerts  Conflict Resolution Services  Conflict Management Training  Advertising Review  Charity Review Trust in Action!
  • 8. > Consumer Trust Trust in business is declining Only half of people say they have a great deal or quite a lot of trust Complaints are increasing Complaints have risen for five straight years, and have now topped more than one million per year
  • 10. > What is trust? Trust is… Integrity  Honesty  Reputation for being truthful Performance  Good track record of producing results  Doing what you say you are going to do
  • 11. > What do consumers say? Importance of Factors In Trusting Business
  • 12. Is there a decline in Trust?  Decline in trust in business  Decline in trust in leaders  Questions about ethical behavior  Effects on politics and economics What ACTIONS are being taken to address the decline?
  • 13. The Power of Word of Mouth
  • 14. The Value of Trust From a consumer’s point of view: When you don’t trust a business, you are more likely to: > Cut back on purchases > Switch to the competition > Share negative word of mouth
  • 15. BBB in the Digital Age What does the BBB learn about the marketplace by monitoring word of mouth online? New trends in advertising New products and services Complaints about advertising and selling practices Learn what people are saying about the BBB How we monitor:  Google Alerts  Tweetbeeps  Online research tools
  • 16. BBB in the Digital Age
  • 17. Why follow the BBB?  Find out the hot topics and complaint trends  Keep informed on important marketplace tips and scams  Share your questions with the entire BBB community
  • 18. Ethics in the Marketplace What can YOU do?  Be an informed consumer. Check company reports before you buy! Follow the BBB on the web!  If you experience a problem or see a misleading ad, tell us!  Take action in the marketplace as a responsible consumer! www.bbb.org
  • 19. Thank you. Lisa Jemtrud Director of Outreach and Industry Services www.thefirstbbb.org