Shrinkage refers to the act of downsizing by a business in order to account for theft by employees

Name: Shrinkage refers to the act of downsizing by a business in order to account for theft by employees
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

Shrinkage in a business context primarily refers to the loss of inventory that can occur from a variety of factors including theft (by employees or customers), damage, or errors in inventory management, not exclusively to downsizing due to employee theft.

Shrinkage Refers to the Act of Downsizing by a Business