Winner of the BBB's coveted Torch Award For Marketplace Ethics eth*ics (eth'ics) n.pl. (construed as sing. in defs 1&3) 1 The study and philosophy of human conduct, with emphasis on the de- termination of right and wrong. 2 The basic principles of right action, esp. with refer- ence to a particular person, profession, etc. 3 a work or treatise on morals. The Better Business Bureau's Torch Award for Marketplace Ethics is an annual award given to just one outstanding businesses from the Chicago and Northern Illinois region, in each of five size catagories. The award is presented in recognition of the business' commitment to exceptional standards in relationships with their customers, employees, suppliers, competitors and the surrounding communities. These awards, like the BBB torch logo, are helping to illuminate the importance of a corporate conscience and accepting the responsibility of creating a fair and honest marketplace.

Candidates nominated for the award are evaluated by a prestigious independant panel of judges from the business and academic community against these criteria:

High ethical standards of behavior toward customers, suppliers, share holders, employees, and communities;

Demonstrated ethical practices surrounding their buyer/seller relationships;

Marketing, advertising, communications, and sales practices which reflect a true representation;

Acknowledgment of ethical market practices by industry peers and in the communitys where they do business;

Management practices and policys that give long term value to share holders, customers, employees, and vendors;

Training programs that assist employees in executing ethics polices.
Companies are judged in five catagories based on their number of employees: 1 - 9; 10 - 99; 100 - 999; 1,000 - 7,499; and 7,500+ employees.

The Gem Shop is proud to have been a winner of this important honor which is prominently displayed in our showroom.

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