Question: Which of the following is true of radio-frequency identification (RFID) tags?

Answer: They can bring visibility and enhanced security to the handling and transportation of products.

Question: _____ allows all parts of the value chain to immediately recognize and react to changes in demand and supply.

Answer: Electronic transaction capability

Question: __________consist of two or more computer-controlled machines or robots linked by automated handling devices such as transfer machines, conveyors, and transport systems.

Answer: Flexible manufacturing systems (FMS)

Question: Identify a benefit of adopting technology.

Answer: Technology helps restructure old and less productive industries

Question: __________is a measure of the contribution margin required to deliver a good or service as the business grows and volumes increase.

Answer: Scalability

Question: In the context of technology in value chains, customer relationship management (CRM):

Answer: exploits the vast amount of data that can be collected from consumers

Question: __________machine tools enable the machinist’s skills to be duplicated by a programmable device that controls the movements of a tool used to make complex shapes.

Answer: Numerical control

Question: __________refers to the application of the Internet, computer programs, and information systems to provide data, information, and analysis to facilitate the creation and delivery of goods and services.

Answer: Soft Technology

Question:

Answer: High Scalability

Question: A(n)__________is an example of soft technology.

Answer: artificial intelligence program