Question

The main purpose of RFID chips for retailers is:

a) To provide consumers with free merchandise.
b) To track inventory and improve supply chain management.
c) To collect personal data for marketing purposes.
d) To prevent theft in stores.

Answer 1

The main purpose of RFID chips for retailers is to track inventory and improve supply chain management.

Step-by-step explanation:

The main purpose of RFID chips for retailers is to track inventory and improve supply chain management.

RFID stands for Radio Frequency Identification, and it uses radio waves to automatically identify and track objects that have an RFID tag attached to them. In the context of retailers, RFID chips are used to keep track of inventory in real-time, allowing for accurate stock management and reducing human error in manual counting. This helps retailers optimize their supply chain, improve efficiency, and ensure that they have the right products in stock at the right time.