BBB – Better Business Bureau
Stone Tile US BBB Accredited Business A+
What is BBB Grade and Rating Points?
This chart shows the maximum number of points that can be earned or deducted in each element of the BBB rating system. A business’s total score is on a 100 point scale. Please note there are some categories in which businesses can only lose points, and for those categories a “0” is indicated as the maximum number of points that can be awarded.
|Element||Range of points that can be earned or deducted (maximum to minimum)|
|1. Complaint Volume (Weighted by Complaint Age)||15 to 0|
|2. Unanswered Complaints||40 to 0|
|3. Unresolved Complaints||30 to 0|
|4. Complaint Resolution Delayed||5 or 0|
|5. Failure to Address Complaint Pattern||0 or -11|
|6. Type of Business||0 to -41|
|7. Time in Business||10 to 0|
|8. Transparent Business Practices||0 or -5|
|9. Failure to Honor Mediation/Arbitration||0 to -41|
|10. Competency Licensing||0 or -41|
|11. Government Action (per action)||0 to -25|
|12. Advertising Review (per incident)||0 to -41|
|13. BBB Trademark Infringement||0 or -41|
What is BBB?
The Better Business Bureau (BBB), founded in 1912, is a nonprofit organization focused on advancing marketplace trust, consisting of 112 independently incorporated local BBB organizations in the United States and Canada, coordinated under the Council of Better Business Bureaus (CBBB) in Arlington, Virginia.
The BBB collects and provides free business reviews on more than 4 million businesses to over 123 million requests from consumers in 2013, helping make the BBB’s website rank among the top 300 most-visited websites in the United States.
The BBB serves as an intermediary between consumers and businesses, handling over 885,000 consumer disputes against businesses in 2013, of which close to 78% were settled.
Nearly 400,000 local businesses in North America support the BBB. The BBB prospects successfully vetted businesses to become dues-paying Accredited Businesses that pledge and continue to adhere to the BBB Code of Business Practices. In return, the BBB allows Accredited Businesses in good standing to use its trademarked logo in marketing materials.
Although it has “bureau” in its name, the Better Business Bureau is not affiliated with any governmental agency. Businesses that affiliate with the BBB and adhere to its standards do so through industry self-regulation. To avoid bias, the BBB’s policy is to refrain from recommending or endorsing any specific business, product or service.
The organization has been the subject of controversy, particularly related to its practice of giving higher ratings to businesses that pay a membership fee. The BBB disputes the claim that payment from businesses is required for them to receive an “A” rating.
Notice: Source of What is BBB Article is Wikipedia.
LETTER RATING SCALE
This is the 100 point scoring scale BBB uses to assign letter grade ratings:
The Source of This Article is http://bbb.org