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What Is Inventory Shrinkage? How Do Managers Account for Shrinkage

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What is inventory shrinkage? How do managers account for shrinkage?


Definitions:

Empowerment

What enables others to gain and use decision-making power.

Face-to-face Interaction Techniques

Methods used to facilitate direct, personal communication between individuals, often to improve understanding or resolve conflict.

Informal Groups

Collections of individuals within an organization that form naturally based on personal relationships rather than organizational structure.

Formal Work Assignments

Tasks or projects assigned in an official capacity, typically documented and structured within organizational frameworks.

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