Tuesday, December 24, 2019

The Retail Fraud - 1865 Words

Retail has been existing over centuries, it is a way of making a living. You give someone a product to satisfy their needs and you get something back in return. Nowadays, we sell merchandise locally, in stores, and worldwide with the help of the internet. A store is just like a house. When someone enters your house you guide them everywhere, showing them every corner. You are always visual of whom comes in and out, because you want to be aware of your own belongings. A retail store is just the same, you greet the clients, show them where the new stocks are held, where the sales are, the shoe area and etc. Since we must treat the store as our own home, we must assure that all of the merchandise is treated like your own; this means to avoid theft and fraud. It is not only from our customers that can commit a fraudulent activity, but can also happen internally from our employees. Therefore, a good plan and policy must be created and implemented throughout the store to avoid or reduce fr audulent activity is a must. Effective controls include assigning tasks and responsibilities to more than one person, organize the dresser room of only letting certain amount of merchandise go in, and keeping the cash register area under surveillance. This paper will (talk/show/etc) how to mitigate retail fraud, both internally and externally and recent fraudulent activities in retailers. The National Retail Federation conducted a survey, Return Fraud Survey, and found surprising results. TheShow MoreRelatedBankruptcy Fraud And Its Effects On The Lower Income Brackets1674 Words   |  7 Pagesadvantage of opportunities that could help further destroy the lower and middle class as well by using bankruptcy fraud. The average white collar worker has more resources and power to deprive people, especially when it comes to the basic necessities in life. The basic need of having good credit is the dream everyone wants in order to be financially strong. Since the use of bankruptcy fraud has become notorious in today’s society, gaining proper knowledge with regards to the effects and penalties ofRead MoreEmployee Theft Essays1056 Words   |  5 Pagescompanies over $37.14 billion in 2010 alone? Fraud against business includes the theft of physical assets such as cash or inventory. Essentially there are two types of inventory fraud: physical loss and financial statem ent fraud. Inventory shrinkage is the term use in accounting to describe the loss of inventory. Loss of inventory might be due to shoplifting, employee theft, damage, etc. Inventory fraud can occur in any company. Nearly 50% of retail inventory shrinkage comes from employee theftRead MoreConsumer Fraud1004 Words   |  5 PagesPaper When consumers engage in fraud, they attempt to deceive businesses for their personal gain or when a consumer intentional deceives an organization by taking an economic advantage over them (insert bibliography 1 ). There are multiple ways a consumer can deceive a business. Some examples include identity theft; check fraud, credit card fraud and shoplifting. Employees, consumers, and businesses can do fraud in many ways. Consumers have achieved consumer fraud by improving and changing waysRead MoreCrazy Eddie Case1455 Words   |  6 Pagesirregularities perpetrated by Crazy Eddie personnel: (a) the falsification of inventory count sheets, (b) the bogus debit memos for accounts payable, (c) the recording of transshipping transactions as retail sales, and (d) the inclusion of consigned merchandise in year-end inventory. 3. The retail consumer electronics industry was undergoing rapid and dramatic changes during 1980s. Discuss how changes in an audit client’s industry should affect audit planning decisions. Relate this discussion toRead MoreComputer Information System Brief Essay1231 Words   |  5 Pagesand technology use Kudler hired Smith Sytems Consulting to install a REMS or Retail Enterprise Management System and they remain under contract to maintain the system. This system provides a basic stepping stone for Kudler’s, but as with any company there is room for improvement. The following bullets list the strengths and weaknesses for Kudler’s current computer system and technology use: Strengths * Retail Enterprise Management system which currently includes four modules * GeneralRead MoreThe Costs Of Loss Prevention Essay950 Words   |  4 Pagesrecent National Retail Security Survey and they represent the different percentages of the loss prevention budget (Hollinger et al., 2015: 8). This survey estimates that from the retail companies surveyed the mean percentage of the LP budget spent on payroll expenses for the field and corporate members of the LP department is 0.22%, while their other non-capital expenses excluding payroll, were, on average, 0.13% of the LP budget (Hollinger et al., 2015: 8). Last year, the retail companies in thisRead MoreJust for Feet, Inc.1306 Words   |  6 Pagesrelatively well in liquidity since the current ratio and debt to equity were similar to companies in the same industry. Besides, JFF had a typical AR turnover rate as others in the retail businesses, and the operating margin and net margin also looked fine. But turn to inventory turnover rate, the number was quite terrible for a retail company. Compare to average number of the industry which is around 2.8-3.2, JFF’s faced a serious difficulty on inventory turnover, which led to a potential risk in generatingRead MoreFinancial Risks Of Online Banking1683 Words   |  7 Pages2.2 Fraud risks in online banking The threat landscape The section above traced the evolution of the banking industry’s adoption of IT based innovations with the aim of offering a suite of products and services to delight their retail and corporate customers and to gain cost reduction and market share. Whilst these developments have grown the market universe exponentially it has also created opportunities for crime syndicates and fraudsters to take advantage of the wider canvas and customer ignoranceRead MoreAn Unwritten Code Of Ethics1312 Words   |  6 Pagesaccountable for any situation. Whether the situation involves theft, fraud, or simply any other un-ethical behavior, awareness must be of utmost importance. In this paper, I will discuss the different types of misconduct, the possibilities as to why they are committed, as well as how it can be prevented. I will also discuss a theft assessment of my workplace; as well as an interview I had with a guy named Taylor about misconduct in the retail shoe store Finish Line. Letâ₠¬â„¢s take a look. Body Although someRead MoreEvaluating The Redistributive Crime That Occurs By Using A Case Essay1654 Words   |  7 Pagesredistributive crime. There is a loss prevention (LP) department in retail companies that is specifically tasked with minimizing product loss, commonly referred to as inventory shrink. LP is implemented to reduce the preventable loss of a company’s assets by utilizing technologies that mitigate theft and fraud. Retailers continuously adapt their technologies to handle threats, but there are still numerous underlying issues, such as employee theft, fraud, and shoplifting. The increase in technology that consumers

Monday, December 16, 2019

How to Study and Discuss Cases Free Essays

The case study is a powerful learning tool for a business major student. We may find interpreting and writing about cases mystifying, challenging, or downright frustrating. First of all, we should have good attitude, such as personal initiative, self-reliance, curiosity, taking risk and patience. We will write a custom essay sample on How to Study and Discuss Cases or any similar topic only for you Order Now . We should be initiative to study, and to have confidence in ourselves, but also to think independently and find the solutions. Curiosity is necessary to mobilize us to observe and discover all stuff that related to the cases. Dare to take risks, because failure is the mother of success. To have enough patience to think about the case solution. Second, good infrastructure is also important to our case study. The infrastructure includes study environment, tool, other relative context for business case study. Studying in the right place is necessary to us to ensure the quality of learning and thinking because noisy environment diverse out attention from the cases. We also need enough time to read and analyze a case, and spend at least 90 minutes there for each case study. Business dictionary is an important tool for us to analysis cases because many people are not English speaker, and business dictionary helps those people understand all the terms in cases; it is a prerequisite for understanding the case. Expanding the amount of reading is another tool to understand and solve cases, especially business newspaper, magazine, and business-news Web site on the Internet. Those business reading materials not only help us build a context for the case study you are trying to solve at the moment and make connections between the case study and current events, but also helps us know recent market dynamics. Learning to use software such as Microsoft Excel to analyze the data in the case. We should form a study group and meets frequently because we will learn more and perform better in class participation by discussing the cases together in a learning team. We also need to know out professor because the professor is part of the learning infrastructure. Finally, we should keep good execution as well. Read the cases really quickly in the first reading, but do not take notes on the first reading, and read the first few paragraphs that usually say a well-constructed about the problem. Then, go through the exhibits and the data to analysis them. Focus on some basis questions, such as † Who are the protagonists in the case? â€Å", â€Å"Who must take action on the problem? † and so on. Getting answers for those basis questions is the first step of understand entire cases. Finally, we should define the problem based on the concepts, principal and theorem. After defining, we need to think about the solution of the case. When we make solution decision, we keep self-confidence and trust ourselves. In conclusion, analysis business case study is a comprehensive progress. Because there is no right answer to these cases. When we are in the class, we participate actively in support of our conclusions, but still be open to new insights since there is no an exact solution to such cases. Business case studying is a good way of thinking about business situation that we can carry from one job to the future. It is also to lead us to win in the future. How to cite How to Study and Discuss Cases, Essay examples

Sunday, December 8, 2019

Definition of Language free essay sample

The Inarticulate sounds by which animals Inferior to man express their feelings or their wants. The suggestion, by objects, actions, or conditions, of ideas associated therewith; as, the language of flowers. The vocabulary and phraseology belonging to an art or department of knowledge; as, medical language; the language of chemistry or theology. A race, as distinguished by Its speech. To communicate by language; to express in language. Related Definitions: An, And, Any, Arranging, Art, Articulated, As, Associated, Belonging, By, Characteristic. Chemistry, Communicate, Communicating, Conveying, Department, Distinguished, Express, Expressing, Expression, Expressive, Human, Ideas, In, Inarticulate, Individual, Inferior, Instrumentality. Knowledge. Language. Man, Manner. Medical. Mode, Mouth. Nation, Of, Or, Other, Particular, Peculiar, Phraseology, Race, Speaker, Specifically, Speech, Style, Suggestion, The, Their, Theology, Therewith, Thought, Throat, To, Vocabulary, Voice, Which, Writer, Writing Language Quotations Most of the fundamental ideas of science are essentially simple, and may, as a rule, be expressed in a language comprehensible to everyone. We will write a custom essay sample on Definition of Language or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Albert Einstein A riot Is the language of the unheard. Martin Luther King, Jar. FIFO Twain The most terrifying words in the English language are: Im from the government and Im here to help. Ronald Reagan The language of friendship is not words but meanings. Henry David Thoreau The language of excitement is at best picturesque merely. You must be calm before you can utter oracles. Henry David Thoreau If you talk to a man in a language he understands, that goes to his head. If you talk to him in his language, that goes to his heart.Nelson Mandela l am is reportedly the shortest sentence in the English language. Could it be that I do is the longest sentence? George Carline By and large, language is a tool for concealing the truth. George Carline Use what language you will, you can never say anything but what you are. Ralph Wald Emerson In making a speech one must study three points: first, the means of producing persuasion; second, the language; third the proper arrangement of the various parts of the speech. Aristotle Animation is different from other parts.Its language is the language of caricature. Our most difficult Job was to develop the cartoons unnatural but seemingly natural anatomy for humans and animals. Walt Disney Of all of our inventions for mass communication, pictures still speak the most universally understood language. Walt Disney I try to speak in everyday language. I feel like God has gifted me to take Bible principles and make them practical. Joel Steen Tears are the silent language of grief. Voltaire Your purpose is to make your audience see what you saw, hear what you heard, feel what you felt.Relevant detail, couched in concrete, colorful language, is the best way to recreate the incident as it happened and to picture it for the audience. Dale England and America are two countries separated by the same language. George Bernard Shaw I feel impelled to speak today in a language that in a sense is new-one which l, who eave spent so much of my life in the military profession, would have preferred never to use. That new language is the language of atomic warfare. Dwight D.Eisenhower Because it equates tradition with prejudice, the left finds itself increasingly unable to converse with ordinary people in their common language. Christopher Lash Language is wine upon the lips. Virginia Wolf Viewed freely, the English language is the accretion and growth of every dialect, race, and range of time, and is both the free and compacted composition of all. Walt Whitman It is not the language of painters but the language of nature which one should listen o, the feeling for the things themselves, for reality is more important than the feeling for pictures.Vincent Van Gogh I remain convinced that obstinate addiction to ordinary language in our private thoughts is one of the main obstacles to progress in philosophy. Bertrand Russell But if thought corrupts language, language can also corrupt thought. George Orwell Political language Is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind. George Orwell The great enemy of clear language is insincerity.