by celine and josh. a loss caused by customer theft, fraudulent payment, or nonpayment shoplifting...
DESCRIPTION
Caused by the use of questionable accounting techniques by management Also due to employee theft and shrinkage Can be prevented with loss prevention training, and the use of an anonymous way to report those suspected of it Causes bankruptcy in companies and a loss of public trustTRANSCRIPT
![Page 1: By Celine and Josh. A loss caused by customer theft, fraudulent payment, or nonpayment Shoplifting costs retailers 15-37 billion dollars a year, according](https://reader036.vdocument.in/reader036/viewer/2022083119/5a4d1ad17f8b9ab059971731/html5/thumbnails/1.jpg)
HUMAN RISKS
By Celine and Josh
![Page 2: By Celine and Josh. A loss caused by customer theft, fraudulent payment, or nonpayment Shoplifting costs retailers 15-37 billion dollars a year, according](https://reader036.vdocument.in/reader036/viewer/2022083119/5a4d1ad17f8b9ab059971731/html5/thumbnails/2.jpg)
Customer Dishonesty A loss caused by customer theft,
fraudulent payment, or nonpayment Shoplifting costs retailers 15-37 billion
dollars a year, according to the National Retail Federation
Causes higher prices due to need to pay for security personnel, cover inventory shortage, and install theft prevention systems
![Page 3: By Celine and Josh. A loss caused by customer theft, fraudulent payment, or nonpayment Shoplifting costs retailers 15-37 billion dollars a year, according](https://reader036.vdocument.in/reader036/viewer/2022083119/5a4d1ad17f8b9ab059971731/html5/thumbnails/3.jpg)
Employee Risks Caused by the use of questionable
accounting techniques by management Also due to employee theft and shrinkage Can be prevented with loss prevention
training, and the use of an anonymous way to report those suspected of it
Causes bankruptcy in companies and a loss of public trust
![Page 4: By Celine and Josh. A loss caused by customer theft, fraudulent payment, or nonpayment Shoplifting costs retailers 15-37 billion dollars a year, according](https://reader036.vdocument.in/reader036/viewer/2022083119/5a4d1ad17f8b9ab059971731/html5/thumbnails/4.jpg)
Skills and Working Environment
In the food service industry, this is generally a failure to prepare food properly, or other tampering with it
Can be on the job injuries in any industry, causing lengthy and expensive Worker’s Compensation lawsuits
Also includes customer injury, such as a passenger on a train falling onto the tracks
stress, sexual harassment, illness, and threat of violence in the workplace are also risks
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Computer Related Crime Malware, viruses, spam, etc… are all
computer related crime Cyber thievery, bullying, and the
anonymity of the internet also pose a serious threat to many companies and the mental well being of their employees
Is considered a growing, and potentially the most dangerous threat at this point in time
Proper training is key in this situation