Investigating Theft In Retail Organizations

Investigating Theft in Retail Organizations In an exertion where a 1% change in gross adjustment can mean millions of dollars, retailers have begun focusing greater muscularity on mitigating losses caused by employee theft. Employee theft has become a problem of increase significance for retail organizations over the historical few decades. In 2004, the European Theft Barometer report showed an increasing prevalence of employee theft in retail organizations, up 1% from 2003 (Technology Tackles Employee Theft, 2005).

Its been estimated that the outcome of employee deviance and delinquency accounted for between $6 and $200 billion of organizational loss annually (Lau, Au, & ampere; Ho, 2003). Employee theft can be loosely defined as any behavior by an employee of an entity that is intended to produce destructive financial outcomes for the employer. This includes pocketing cash, stealing inventory, using company resources for personal gain, and otherwise deceptive tactics. Most modern day retaile...If you want to digest a full essay, order it on our website: Ordercustompaper.com

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