Pilferage Is Theft of Inventory

question 40

True/False

Pilferage is theft of inventory.

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Definitions:

Goal Congruence

The alignment of individual, team, or department goals with the overall objectives of the organization to ensure everyone is working towards the same outcomes.

Expectancy Theory

A theory in psychology that explains the process individuals undergo to make decisions based on the expected outcomes of their actions.

Incentive System

A method or plan used to motivate individuals or groups towards achieving certain performance goals.

Performance Targets

Specific goals set by a business to gauge and improve employee or organizational performance.