Which of the following is the industry term for inventory and cash losses from shoplifting and employee theft?
A) bait-and-switch
B) anticonsumption
C) demarketing
D) shrinkage
E) lifetime cost of a customer

Question

Quizplus · Accepted Answer

Shrinkage is the industry term for inventory and cash losses from shoplifting and employee theft. Bait-and-switch refers to a sales tactic, anticonsumption is a phenomenon where consumers avoid purchasing products they perceive as harmful to society, and demarketing is a strategy used to discourage demand for a product or service. Lifetime cost of a customer refers to the total amount a customer spends on a company's products or services over the course of their lifetime as a customer.

Which of the Following Is the Industry Term for Inventory