What Is Retail Shrinkage?. Retail shrinkage is the portion of your inventory that gets lost or stolen. Your shrinkage rate is expressed as a percentage based on the value of lost inventory divided ...

The Advantages of a Customer Incentive Program. Customer incentive programs offer benefits to loyal buyers. Some businesses offer frequent-shopper discounts or points-based reward systems that ...

The Industry Standard for Sick Days. Many workers are granted a certain number of paid days off per year to take when they feel ill or need to stay home with a sick child. These employers value ...

Workers today are more productive than they've ever been. The impact of technology on work, both in manufacturing and in communication, has exponentially increased the rate of production and speed ...

Impacts of Technology on Small Business. Small businesses rely on technology to help them operate on a daily basis. From laptop computers with Internet capabilities to printers, online file ...

What Are Examples of Demographics?. Demographics are a common basis for market segmentation -- the process of breaking a large target customer audience down into smaller groups of people with ...

The Effects of an Unproductive Workplace. The Insurance Journal cites a study conducted by Proudfoot Consulting that asserts that 29 percent of all employees are unproductive. This is having a ...

Day Care in the Workplace. Providing day care in the workplace can have many benefits for companies, including improving employee morale, lowering turnover and attracting a wider variety of ...

The Percentage of Rent Vs. Revenue for Restaurants. Successful restaurants at any level have a number of things in common. Their food meets the diners' expectations, their marketing brings in ...

Most Attention-Grabbing Colors. The most attention-grabbing colors are warm colors, such as red, yellow or orange. Businesspeople need to use attention-grabbing colors, not only for their products ...

What Is Selective Advertising?. Selective advertising focuses on creating a demand for a specific brand of product or service. For example, soda manufacturers often promote each brand they make ...

The seven internal control procedures are separation of duties, access controls, physical audits, standardized documentation, trial balances, periodic reconciliations, and approval authority.