What phenomenon causes the value of actual inventory to run lower than recorded inventory due to an unexplained reduction in the number of units held?
ANSWER
Shrinkage describes a phenomenon in which the value of actual inventory runs lower than recorded inventory, due to an unexplained reduction in the number of units held. READ MORE…
Your input is welcome!
What makes this resource special is the dedicated team of marketing academics and practitioners actively working to expand and improve it. To comment on existing terms or propose new ones, email dictionary@themasb.org.