Suppose you own a number of wine shops selling mid-level as well as expensive bottled wine. You

Question:

Suppose you own a number of wine shops selling mid-level as well as expensive bottled wine. You have been experiencing significant losses from theft at your stores. You suspect that it is a combination of both employee and customer theft. Assuming that it would be cost-effective; would you install video cameras to reduce both employee theft and customer theft?
YES: Most employees and customers are honest. However, some will steal if given the opportunity. Management has a responsibility to employ reasonable, cost-effective approaches to safeguard company assets.
NO: The use of video technology to monitor employees and customers sends a message of distrust.
You run the risk of alienating your employees (who may well figure out a way around the cameras anyway). Cameras might also reduce the welcoming atmosphere for your customers, who might find the cameras offensive.

Instructions
Write a response indicating your position regarding the situation provide support for your view.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial and managerial accounting

ISBN: 978-1118016114

1st edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

Question Posted: