Deck 15: Retail Security

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Question
Laws that clearly define the act of shoplifting are consistent from state to state.
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Question
According to a 2010 survey,the estimated shrinkage of all participating retailers averaged 1.56% of total annual sales.
Question
One characteristic of organized retail crime is that the stolen items are not intended for use by the individuals who steal them.
Question
For external threats to retail security,a solid prevention program should include all except:

A) CCTV
B) An alarm system
C) A "one-person rule" when money is unprotected for counting, transfer or deposit
D) Proper lighting
E) A proper locking mechanism
Question
Components of the supply chain include locations where the product is manufactured,stored,and shipped.
Question
Components of inventory shrinkage include all except:

A) External losses from theft
B) Fraudulent cash refunds
C) Losses from carelessness or mismanagement
D) Internal losses from associate dishonesty
Question
Common shoplifting methods include all except:

A) Palming, the act of putting the item in a friend's hand
B) The bloomer technique, using large baggy clothes that can be filled like shopping bags
C) The fitting room technique, wearing stolen clothes under the thief's own clothing
D) Price changing, switching the price tags or bar codes on items
E) Hiding items in purses or umbrellas
Question
On the average,about 1 in 10 shoplifters is apprehended.
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Deck 15: Retail Security
1
Laws that clearly define the act of shoplifting are consistent from state to state.
False
2
According to a 2010 survey,the estimated shrinkage of all participating retailers averaged 1.56% of total annual sales.
True
3
One characteristic of organized retail crime is that the stolen items are not intended for use by the individuals who steal them.
True
4
For external threats to retail security,a solid prevention program should include all except:

A) CCTV
B) An alarm system
C) A "one-person rule" when money is unprotected for counting, transfer or deposit
D) Proper lighting
E) A proper locking mechanism
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5
Components of the supply chain include locations where the product is manufactured,stored,and shipped.
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6
Components of inventory shrinkage include all except:

A) External losses from theft
B) Fraudulent cash refunds
C) Losses from carelessness or mismanagement
D) Internal losses from associate dishonesty
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7
Common shoplifting methods include all except:

A) Palming, the act of putting the item in a friend's hand
B) The bloomer technique, using large baggy clothes that can be filled like shopping bags
C) The fitting room technique, wearing stolen clothes under the thief's own clothing
D) Price changing, switching the price tags or bar codes on items
E) Hiding items in purses or umbrellas
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8
On the average,about 1 in 10 shoplifters is apprehended.
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