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TO BE READ DEMOGRAPHIC AND DISAPPEARING MERCHANDISE - Article Example

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To: From: CC: Date: 7Th July 2013 Re: Demographic and Disappearing Merchandise Thesis Losses currently characterizing retail businesses emanate from merchandise loss, which continue to show an escalating trend both in the US and Europe (Avery, McKay & Hunter, 2012)…
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ARTICLE TO BE READ DEMOGRAPHIC AND DISAPPEARING MERCHANDISE
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Download file to see previous pages The main contributors to the major losses experienced by retail organizations through shrinkage include shoplifting and employee theft, which is mostly rampant among the young workers (Avery, McKay & Hunter, 2012). Methods Data used in this research was obtained from the annual employee survey in the United States (Avery, McKay & Hunter, 2010). However, workers from stores with over 50 employees participated for generality purposes. The method was appropriate because it shunned individualism which might have led to victimization. However, most of the findings comprised the female subjects representing 83.7% of the total number of all the study’s participants. In addition, the study did not include other industries and firms; hence it never attained the highest generalization aspect. The entire study proved very sensible as the findings were from retail workers coming from 726 company stores (Avery, McKay & Hunter 2010). Suppose it is necessary, one is capable of conducting the entire study again because its data emanated from annual employee survey (Avery, McKay & Hunter, 2012). In addition, researchers incorporated the human resource department with the intention of ensuring high accuracy in their findings (Avery, McKay & Hunter 2010). ...
These changes in their personality and ethical development, older employees are therefore less prone to shrinkage related behaviors but tend to blow whistle whenever they sense fraud or theft cases (Avery, McKay & Hunter, 2012). Therefore, stores with higher employee mean age tend to have lower shrinkage cases because proper ethical behaviors exhibited by older employees foster collective honest attitudes in the entire workforce. The evidence provided by the author appears reliable. This is because age composition in many retail shops most of them prefer employing older employees than younger ones. However, the evidence does not provide core reason behind the influence of younger workers’ attitudes by older workers. According to Guerin, businesses incur great losses annually due to shrinkage cases resulting from shoplifting and employees’ theft. In addition, study cites 66% of the retail shoplifting employees opts to steal if they see their colleagues stealing successfully (Guerin, 2010). The study also cites 13% of the same category prefers stealing from the business regardless of the consequences (Guerin, 2010). Avery, McKay & Hunter argue suppose retail staffs pay attention to customers with the intention of preventing them from stealing and encourage employees to adhere to the specified code of conducts, they will significantly reduce shrinkages in the business. This is via actively moving around the store, proper positioning and reporting any wrongdoing to the administration (Avery, McKay & Hunter, 2012). Contribution to the Literature Variety of factors tends to influence the rate of shrinkages evident in retail organizations, for instance, nature ...Download file to see next pagesRead More
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