Professor: D. Thomas Napolitano
Student: Mr. Stacey Leary
Project: Term Research Paper
Due Date: 11/11/2007
The Losses From Within
BY
Stacey F. Leary
[pic]
ST. Josephs College
Brooklyn, NY
TABLE OF CONTENTS
Title Page………………………………………………...Page 1
Table of Contents………………………………………...Page 2
Introduction………………………………………………Page 3
Problem Statement……………………………………….Page 4
Hypothesis/Research Questions………………………….Page 5
Research Objectives……………………………………...Page 5
Definitions of Terms……………………………………..Page 5-6
Research Design………………………………………….Page 6-7
Data Analysis……………………………………………..Page 8-12
Literature Review…………………………………………Page 13-17
Protection Agencies &Legislation………………………..Page 17
Limitations………………………………………………..Page 18-19
Conclusion………………………………………………..Page 20-21
Recommendations ……………………………………….Page 22-23
Bibliography……………………………………………...Page 24-25
Copy of 2006 National Retail Security Survey…………..Page 26+
INTRODUCTION
Internal Theft has costs American retailers billions of dollars each year.
Retailers have tried every method known to man to eliminate or minimize internal theft. (David L. Berger, Industrial Security)
Some of the technology used to detect, dishonest employees is (EAS) Electronic
Article Surveillance, (CCTV) Close Circuit Television, Security Officers, Undercover
Store Detectors, Exception Reporting, Secret Shoppers Operational Audits, Cycle
Counts, Physical Inventory, and Source Tagging. Some retailers, especially the private
sector believe the primary losses causing inventory shrinkage are due in part to
shoplifting. Although many Retailers believe internal theft is a problem in the private
sector, they don’t believe it’s of much concern as shoplifting. Shoplifting is tangible; you
can see it. Everyday an