Which of the following organizations is tasked with maintaining ethical business practices?

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Prepare for the Certified Compensation Professional (CCP) Electronic Transactions Association (ETA) Exam with flashcards and multiple choice questions. Each question includes hints and explanations to enhance your understanding. Get ready for your CCP exam today!

The Better Business Bureau (BBB) is dedicated to promoting trust in the marketplace and maintaining ethical business practices. It serves as an intermediary between businesses and consumers, providing resources to help individuals find trustworthy businesses and offering businesses an avenue for self-regulation. The BBB sets standards for ethical behavior in business practices and actively encourages companies to adhere to these standards through a commitment to resolving consumer complaints and disputes amicably. By maintaining a public database of businesses and their reputations, the BBB fosters transparency and accountability, helping consumers make informed decisions while holding businesses accountable for their practices.

In contrast, the Federal Trade Commission primarily focuses on consumer protection and antitrust laws rather than directly managing business ethics. The Small Business Administration supports small businesses through loans and education but does not specifically oversee ethical practices. The National Economic Foundation, while potentially involved in economic issues, does not have the same specific role in maintaining ethical standards in business.

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