The Loreton Company, a California-based manufacturer of televisions, continuously increased profits because of high output at six company-owned plants in the United States and overseas. A recent inventory at a distribution facility located outside Los Angeles showed that more than 200 televisions were missing. The management of the Loreton Company became desperate about the losses. You are a partner at Klein and Smith Loss Prevention Associates, a consulting firm specializing in loss problems. Loreton Company executives contact you for assistance. A meeting is arranged. After competition with two other security and loss prevention firms, Loreton executives decide on a two-month contract for your firm’s services. You are in charge. What are your specific plans and actions?
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