A Store Owner Is Concerned About Shoplifting

question 61

Multiple Choice

A store owner is concerned about shoplifting.Research on potent attitudes suggests that he can reduce theft by

• A)installing metal detectors.
• B)attaching anti-theft devices on his merchandise.
• C)installing eye-level mirrors in his store.
• D)placing security guards at all exits.

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Definitions:

Deregulation

The process of reducing or eliminating government power in a particular industry, usually to create more competition within the industry.

Transactional Motive

relates to the need to hold cash for the purpose of conducting day-to-day transactions.

Precautionary Motive

The desire to hold cash or liquid assets to guard against unexpected events and emergencies, influencing how individuals and firms manage their finances.

Speculative Motive

The speculative motive is the desire to hold cash or other assets with the expectation of making a profit from fluctuations in their price or value.