Security & Risk Management

Data collection will involve mostly online resources , and these data will in turn be examined and summarized in to answer the questions proposed by this study and to come up with the appropriate analysis , conclusions , and recommendations

The comparative data analysis will thus also make use of quantitative research as industry statistical data will be used to understand the phenomenon of inventory shrinkage , how widespread it is , its impact on retailers , and its implications on consumer satisfaction . Quantitative research involves the systematic scientific investigation of quantitative properties and their relationships

(Creswell , 1994 Measurement is central for this methodology since it provides for the connection between empirical observation and mathematical expressions of quantitative relationships (Wikipedia , 2006 . Such numerical data can be used to obtain information about the world since quantitative research is deductive - it tests or generates theory - as opposed to qualitative research which tends to be inductive (Ross , 2006 Jayaratne 1993

The three most common quantitative research techniques include observation technique , experimentation and survey technique . The survey technique may be through telephone , self-administered , or in-person interviews (Joppe , 2006 . Observation technique are often used for descriptive studies , and one of the most simplest descriptive study is a case which reports data on only one subject (Gable , 1994 . For purposes of this research , the observation will be used based on an examination of existing industry trends and circumstances regarding inventory shrinkage from related literature . This study will also make use of the survey technique will be used based on existing survey results from related literature such as (but not limited to ) the survey results from the National Retail Security Survey , U .S , the University of Florida study on retail theft with a funding grant from Sensormatic Electronics Corporation , the 17th Annual Retail Theft Survey from Jack L . Hayes , and the 2002 study...