Employee theft is the most common type of fraud.
<h3>What is fraud?</h3>
Fraud is a deliberate act of deception intended to give the offender an unauthorized benefit or to deny the victim of a right. Tax fraud, credit card fraud, wire fraud, securities fraud, and bankruptcy fraud are all examples of fraud. Fraudulent conduct can be committed by a single person, a group of people, or an entire company.
<h3>How does financial fraud work?</h3>
Financial fraud is a crime that involves hacking into accounts and transactions in order to benefit the perpetrator financially. People must be aware of financial fraud because it has become more prevalent as a result of the growing payments sector and widespread usage of credit and debit cards.
<h3>
What is phishing?</h3>
The growth of online banking and the overall expansion of the cyber world have made it possible for fraudsters to use online channels to target online bankers. Phishing emails can be sent to online bankers under the guise of being from a bank, allowing them to seek users' login information and passwords without coming off as unusual. All of the financial information of online bankers who fall for this phishing email will be stolen for the scammer's gain.
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Answer:
To explain the answer is given as follows,
Explanation:
Answer:
Need to come up with a sustainable competitive advantage that draws in customers and produces a competitive edge over rivals.
Explanation:
The main objective of every company is to earn profits and grow in the market. But to attain that objective company needs to formulate and implement some business strategies which shall provide them the edge to success.
The management has the duty to run the company with the resources available and optimise them at their best.
To attain maximum profit the management shall formulate a strategy that shall provide the customers with maximum benefits with the product, and the business an extra edge to market share so that the competitors fall behind and the business gains maximum reach.
Answer:
a. The simple ranking method
Explanation:
The simple ranking method -
It refers to the method of evaluation used in a company , in order to rank the employees from best to worst depending on various factors , is referred to as the simple ranking method .
Factors like , negative impact , ratings , feedback etc. all are considered while making the ranking .
Hence , from the given scenario of the question ,
The correct answer is a. The simple ranking method .
