An electronic tagging technology used in a number of companies to improve supply-chain efficiency with contactless communication between devices is
A) RFID.
B) ERP.
C) MBO.
D) TQM.
E) ROE.

Question

Quizplus · Accepted Answer

RFID (Radio Frequency Identification) is a technology that uses electromagnetic fields to automatically identify and track tags attached to objects. This technology is widely used in supply chain management to improve inventory control, reduce theft, and increase efficiency in shipping and receiving processes. It allows for contactless communication between devices and can be used to track the movement of goods from production to delivery. ERP (Enterprise Resource Planning) is a software system used to manage business processes, including inventory management, but it does not involve electronic tagging technology. MBO (Management by Objectives), TQM (Total Quality Management), and ROE (Return on Equity) are management concepts not related to electronic tagging technology.

An Electronic Tagging Technology Used in a Number of Companies