Aaron's Electronics Sells Very Expensive Computer Chips

question 24

Essay

Aaron's Electronics sells very expensive computer chips. These chips are small, but sell for $5,000 each. Aaron is worried that his employees may be tempted to steal the chips, since they can easily be concealed in their pocket. At any one time, the maximum number of computer chips in inventory is 100. Explain how a point-of-sale terminal can help Aaron with his concern.

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Definitions:

Mental Creativity

The ability to generate innovative ideas, solutions, or artistic expressions, demonstrating human imagination and original thought.

Real Property

Land and anything permanently affixed to it, such as buildings and other structures.

Fealty

A medieval concept referring to the loyalty and duty of a vassal to a lord, often associated with the feudal system.

Cross-Licensing

An illegal contractual arrangement in which two or more parties license each other to use their specified intellectual property only on the condition that neither licenses anyone else to use the property without the other’s consent.