Asset Tracking Occurs When a Company Places Active or Semi-Passive

question 68

True/False

Asset tracking occurs when a company places active or semi-passive RFID tags on expensive products or assets to gather data on the item's location with little or no manual intervention.

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Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry, which includes machinery, equipment, methods, and processes.

Cost-benefit Constraint

A principle that considers whether the cost of implementing a decision outweighs the benefits derived from it.

Disclosure

The process of making essential financial information known to shareholders, regulators, and the public.

Benefits

Various forms of value, such as health insurance and retirement plans, provided to employees in addition to their salaries.