What Would Be the Best Use of RFID in a Business

question 5

Multiple Choice

What would be the best use of RFID in a business?

• A) Transaction processing
• B) Supply chain management
• C) Personnel tracking
• D) Enabling communications with customers
• E) Decreasing network costs

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Definitions:

Income

The monetary payment received for one's work (wages), investments, or other sources such as pensions or government aid.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed on an annual basis, serving as a key parameter in financial transactions.

Present Value

The present value of a future amount of money or series of cash flows, considering a particular return rate.

Interest Rate

The percentage of the principal charged by a lender for the use of its money or the rate at which interest is paid by a borrower for the use of money.