eBay has been recognized as one of the World`s Most Ethical Companies in the Auction category by the Ethisphere Institute, a think tank, for its ethics and compliance programs. Companies on the list in other categories include Best Buy Co., Zappos, UPS, Google, American Express and Ford Motor Company, Wisconsin Energy Corporation. We are a growing company and continually shape our corporate culture through our actions. We want this culture to foster the reputation and reality of professional and ethical behaviour. Please do everything you can to help us achieve this goal. EBay is an online business that allows people to buy and sell goods online. It offers no restrictions on the type of products offered on its website. People can buy anything offered on the website. The lack of corporate restrictions on what is for sale raises an ethical question.
Laws about what they can sell and who they can sell to restrict traditional businesses. The case is not similar on eBay. EBay`s services go beyond borders. The medium through which it sells goods allows the company to bypass local regulations in the respective countries, which is saleable. eBay has a very common code of ethics; As with other companies, their main goal is to achieve equality and respect between each person inside and outside the company. eBay operates to the highest ethical and legal standards. This Code of Conduct highlights some of the laws and regulations you need to know to pass the test of becoming an eBay employee and customer. Apart from my disagreement with the sale of restricted items, I don`t see a problem selling counterfeit items.
However, the sale of such products is unacceptable to many people in the countries served by eBay. They expect eBay to have a quality assurance system in place to ensure that what customers receive has passed the quality test. Quality assurance is not covered by eBay. The Company has specifically stated in its End User Agreement that it is not responsible for any loss of quality on the item in question. Learn more about the methodology and see the full list of the World`s Most Ethical Companies 2011 in ethisphere.com/worlds-most-ethical-companies-rankings/. Intellectual property rights holders claimed that eBay was profiting from IPR infringement. The company responded by creating the Verified Rights Owner (VeRO) program, which provides rights holders with auction withdrawals and private information about eBay users upon request. The lack of restrictions and regulations on the type of products sold on eBay makes the way the business operates unethical. eBay`s global presence exempts the company from complying with local laws in the respective countries, but does not condemn the company to apply moral standards that ensure fair play for all who use the company`s online store. eBay Inc.
has been recognized as one of the World`s Most Ethical Companies by the Ethisphere Institute, a leading business ethics think tank. eBay is one of 100 global companies shortlisted for the award in one year, with a record number of nominations for the award. Other companies on the list include Google, American Express, Starbucks and PepsiCo. The results are based on an examination of corporate social responsibility, corporate governance and business practices. “This year`s winners know that a strong ethics program is a key component of a successful business model, and they continue to review their ethical standards to keep pace with an ever-changing regulatory environment,” said Alex Brigham, executive director of Ethisphere. “Business ethics have also become much more important globally, which is reflected in the truly global nature of this year`s winners.” To be recognized, a company must not only promote ethical business practices, but also go beyond minimum legal compliance requirements and reshape industry standards for the future.