Security and Loss Prevention, 5th Edition

2

The Business, Careers, and Challenges of Security and Loss Prevention

KEY TERMS

• private sector

• public sector

• human resources

• asset

• operations of enterprises

• risk

• threat

• hazard

• all-hazards

• all-hazards preparedness concept

• metrics

• internal metrics

• methodological problems

• direct losses

• indirect losses

• external metrics

• contract security

• proprietary security

• privatization

• mercenary

• deterrence

• reactive strategies

• proactive strategies

• Private Security Officer Employment Authorization Act of 2004

• ethics

Objectives

After studying this chapter, the reader will be able to:

1. Explain the risks and losses facing our society.

2. Define and illustrate metrics and explain why it is important.

3. Describe ...