Inventory Shrinkage ___________

question 5

Multiple Choice

Inventory shrinkage ___________.

• A)refers to another name for inventory turnover
• B)refers to the fact that more items are recorded entering than leaving warehousing facilities
• C)refers to situations where the size and/or volume of inventory is decreased over time
• D)refers to a technique of stabilizing unit loads by using shrink wrap packaging

---

Definitions:

Mental Map

An individual's personal, internal representation of the spatial relationships between objects in their environment.

Selective Perception

The process by which individuals perceive what they want to in media messages while ignoring opposing viewpoints.

Receiver Distorts

Occurs when the person receiving a message misunderstands or alters the information, leading to communication errors.

Stakeholders

Individuals or groups that have an interest or concern in an organization, project, or decision, and can be affected by its outcomes.