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Renaldo's Boutiques, Inc., has 14 stores located in a midwestern part of the United States. Renaldo, the president of the company, has set budgets for each store that do not allow for lost, stolen, or misplaced merchandise (inventory shrinkage).
Research shows the disappearance of store merchandise is attributed to a combination of internal and external causes.
Customer theft-35 percentEmployee theft-40 percentAdministrative errors-18 percentVendor dishonesty-7 percent Problem 1: Which philosophy do you believe Renaldo is following?
Multiple Choice
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