'Vyapaari-Rating' (a part of IFEM) has been started to avoid unethical practices in businesses. According to a study, 2000-01 onward, unethical practice have been increased in a tremendous way. These practices affects every individual in many ways.
Because of technology led market, people are not able to judge the worthiness of a Businessman. Also worthiness people are also getting affected because of trust factor, fraud making news etc. These thing had paralyzed the business circles.
To overcome the issues, we have launched a platform to show the rating of various businesses.
How It Works:-
- Only member have the access of Database.
- Member can register a fraudulent activity/ unethical practice by other Businessman.
- Rating is done on various parameters with '0' being neutral Rating.
- Member can check rating of businesses across India.
- V. Imp: If a member register fake report, his rating will be decreased by 100 times of negative points allotted to counter party.
Benefits:-
- Avoiding of deal with poor rating businesses.
- Building of trust factor with good ratings.
- Retailer gets new deals and good rates.
- Whole-seller will be benefited from rating assessment and no need to cross verification.
- Ethical Practice enforcement.