Business Technology

RFID is.....

• Radio frequency identification

• Radio frequency information

• Rapid frequency identification

• Reliable Freight identification

RFID is used for

• replacing workers who create reports and databases

• customers paying for goods

• inventory tagging and stock control

• replying to emails automatically

Which are costs that need to be considered when purchasing technology?

• training

• installation

• maintenance

• electricity bills

When you pay monthly and then own the product

• leasing

• renting

• shares

• hire purchase

Which 2 are government incentives?

• subsidies

• selling shares

• tax relief

• leasing

Which is the main factor to consider if using venture capitalists for finance?

• the % of the firm you may lose

• the size of the economy

• the type of tech you want

• the level of input from employees

You will have to pay interest if you:

• get a grant

• lease the tech

• sell shares to get finance

• take a loan from the bank

Dysons technology was helping which type of business

• soft drinks

• farming/agriculture

• marketing

• retail

RPA is Robotic Process .................

• automony

• automation

• automatci

• accuracy

BI software will help your business to:

• take payments from customers quicker

• create graphs using data

• send emails to customer encouraging repeat business

• sort your tax bill