I'm trying to understand what ORC stands for in the context of business. I've heard this term being used a lot recently and I want to know its meaning and how it applies to the business world.
6 answers
CryptoMagician
Fri Nov 08 2024
Organized retail crime, or ORC, represents a significant threat to the retail industry.
henry_grayson_lawyer
Fri Nov 08 2024
It involves the systematic theft of merchandise from retail stores.
CryptoWizardry
Thu Nov 07 2024
The perpetrators of ORC often operate in groups, using sophisticated tactics to evade security measures.
Carlo
Thu Nov 07 2024
The stolen items are then resold, typically through online platforms or flea markets, for financial gain.
CryptoEnthusiast
Thu Nov 07 2024
This criminal activity not only causes financial losses to retailers but also undermines consumer trust and safety.