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The loss control consultant will typically work for an insurance company, a private consultant firm or as an independent consultant. The LCC will survey businesses for property or casualty (general liability, automobile, workers compensation) exposures, identifying exposures to loss and how a business can control these loss exposures.
A uniformed retail loss prevention employee for Target. Known as a Target Security Specialist . Retail loss prevention (also known as retail asset protection) is a set of practices employed by retail companies to preserve profit. [1] Loss prevention is mainly found within the retail sector but also can be found within other business environments.
Control built within a process is internal in nature. It takes place with a combination of interrelated components – such as social environment effecting behavior of employees, information necessary in control, and policies and procedures. Internal control structure is a plan determining how internal control consists of these elements. [3]
The theory was later expanded upon by Bird and Germain in 1985's Practical Loss Control Leadership. [1] Bird showed a relationship between the number of reported near misses and the number of major accidents and claimed that the majority of accidents could be predicted and prevented by an appropriate intervention. [6]
A store detective (also known as Asset Protection Investigator, undercover shopper, Loss Prevention Detective, and Asset Protection Specialist) is a member of loss prevention whose main role is to prevent and detect theft (commonly known as shoplifting) and reduce shrink in retail outlets. [1]
Rather than being administered by the U.S. Department of Education, the Educational Choice for Children Act would be a tax-incentive run through the Treasury Department to generate greater private ...
Example of risk assessment: A NASA model showing areas at high risk from impact for the International Space Station. Risk management is the identification, evaluation, and prioritization of risks, [1] followed by the minimization, monitoring, and control of the impact or probability of those risks occurring. [2]
The Department of Transportation said officials will reassess the restriction after the National Transportation Safety Board has completed its preliminary investigation of Wednesday’s crash.