MANAGEMENT

Detailed explanation-1: -Shoplifting Shoplifting occurs when a customer exits a store with more than what they paid for at the cashier. Shoplifting accounts for 38% of inventory shrinkage, and it surpassed employee theft as the leading cause of shrinkage in the 2016 National Retail Security Survey.

Detailed explanation-2: -Purchasing power parity (PPP) allows for economists to compare economic productivity and standards of living between countries.

Detailed explanation-3: -If the warehouse and the retail trade have a material group in different variations, this is referred to as a deep assortment. The best examples of this are a bakery or a fish shop. The many kinds of bread or fish make the mixture a deep offer.

Detailed explanation-4: -North American Free Trade Agreement (NAFTA) established a free-trade zone in North America; it was signed in 1992 by Canada, Mexico, and the United States and took effect on Jan. 1, 1994. NAFTA immediately lifted tariffs on the majority of goods produced by the signatory nations.