As Manager of Loss Prevention for five retail stores, you are seeking a promotion to Regional Director of Loss Prevention. The position involves responsibilities for several more stores and...

As Manager of Loss Prevention for five retail stores, you are seeking a promotion to Regional Director of Loss Prevention. The position involves responsibilities for several more stores and subordinates. You are scheduled for an interview for the position soon, and an interview topic will be metrics. Before studying metrics related specifically to your company and your work, you want to review the basics of metrics to serve as a foundation. Prepare a list of five general questions on metrics and answer them. Examples of basic questions are as follows: What are metrics? What are the purposes of metrics?