Question

According to the U.S. Department of Commerce estimates, employee theft is responsible for ________ percent of all business failures.

a. 30

b. 40

c. 50

d. 60

Answer 1

The question is related to business studies and the impact of employee theft, such as embezzlement, on business failures. An exact percentage of business failures due to employee theft was not included, but embezzlement is highlighted as an example of corporate crime that can contribute to such outcomes.

Step-by-step explanation:

The question about the percentage of business failures due to employee theft pertains to business studies and more specifically to a topic that intersects with crime and commerce. Although an exact percentage is not provided here, for educational purposes I will refer to a related question from the textbook: '12. Which of the following is an example of corporate crime?' The correct answer is 'a. Embezzlement', which is a form of employee theft. Embezzlement involves wrongfully appropriating funds that have been entrusted to one's care but are actually owned by an organization or business. It is important to note that the impact of employee theft extends beyond immediate monetary loss and can indeed lead to the failure of a business.