A Recent Advance in Technology Called RFID Makes It Easier

question 107

Multiple Choice

A recent advance in technology called RFID makes it easier for manufacturers,distributors,and retailers to track items through production,distribution,and sales.This advance helps the firm to

• A) increase value to the consumer through media effectiveness promotion.
• B) tailor their marketing messages.
• C) meet inventory needs.
• D) communicate with consumers on social media sites.
• E) replace services with products.

---

Definitions:

Probability

The likelihood or chance of a specific event occurring, typically expressed as a number between 0 and 1.

Seat Belts

Protective mechanisms built into vehicles to shield passengers from injurious motion that might occur during an accident or abrupt halt.

Drivers

Individuals who operate vehicles, or factors that cause or influence a process or situation.

Poisson Distribution

A probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space.