What Is Shrinkage in Business? Definition, Causes, and Impact

What Is Shrinkage? Shrinkage is the loss of inventory that can be attributed to factors such as employee theft, shoplifting, administrative error, vendor fraud, damage, and cashier error. Shrinkage is the difference between recorded inventory on a company’s balance sheet and its actual inventory. This concept is a key problem for retailers, as it results in…

GameStop Stock Price Falls After Activist Letter

GameStop Corp. (GME) shares fell about 10% during Thursday’s session after two activist investors delivered a letter to the board demanding representation on the board. Hestia Capital Partners and Permit Capital Enterprise note that shareholders have lost 85% of the value of their investment over the past five years and directors have no exposure. The…

What Is a Unicameral System? How Legislature Works and Examples

What Is a Unicameral System? A unicameral system is a government with one legislative house or chamber. Unicameral is the Latin word that describes a single-house legislative system. Countries with unicameral governments include Armenia, Bulgaria, Denmark, Hungary, Monaco, Ukraine, Serbia, Turkey, and Sweden. Unicameral systems became more popular during the 20th century and some countries,…