_____ is an industry term for losses due to employee theft,shoplifting,vendor fraud,and administrative errors.

Name: _____ is an industry term for losses due to employee theft,shoplifting,vendor fraud,and administrative errors.
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Question

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Shrinkage refers to the loss of inventory due to employee theft, shoplifting, vendor fraud, and administrative errors. It is a common problem in the retail industry and can lead to significant financial losses for businesses.

_____ Is an Industry Term for Losses Due to Employee