Benefits of RFID Tags Essay Example | Topics and Well Written Essays - 250 words

Benefits of RFID Tags - Essay Example Because of this, a piece of clothing can be tracked to a specific location. Some critics of the new electronic system claim that criminals will be able to determine what products someone has bought recently, which may lead to an increase in crime. Additionally, some people are concerned that retail stores will be able to scan people when they walk through the front door. A new form of ID card contains radio-frequency tags. The new system may be used to match a customers license with their credit card, making it easy to tell when they enter and exit the store. C. In order to clam the concerns of customers, it may be possible to attach the electronic tags to hang tags, which of course are removed once the customer has made the purchase. This provides the perfect compromise because customers are able to keep their identities yet the store can track each item that is sold. A. For American companies, globalization provides them with cheaper labor costs, which in turn result in higher revenues. Overseas workers are willing to work for less than the average American worker. Many Asian countries, such as China and Vietnam, have large populations where the economy relies on manual labor work. B. The potential threats that American companies are facing because of globalization are lower wages and cheap materials. Third world countries have access to vast amounts of materials and for cheaper prices than found in America. C. Apple was one of the last American companies to begin sending jobs overseas. While labor costs are often identified as the reason for outsourcing, Apple admitted that the cheap parts available for its products in Asia were the biggest motivation to shift jobs away from America.  

Read an article about Google Unveils App For Paying With Phone, and Essay

Read an article about Google Unveils App For Paying With Phone, and write your response - Essay Example For now, this app allows the usage of cards issued by Citibank and a virtual card by Google, but Google is trying to incorporate the cards of other banks as well, as soon as possible. This technology can be used at 124,000 merchants in the US and 300,000 merchants outside the US. Google has done what many firms have been trying to do since years, the â€Å"Mobile Wallet† technology. One can be sure of the app’s success, as it has been approved by many retailers and with its promotional offers and coupons, Google would leave no tables unturned. Google would also collect some fee from the retailers every time this app is used by the customers, just like the plastic cards. Though this technology needs some time to see the light, Google has been engaging top brands to accept payments through this technology. The other attractions of this app comprise the loyalty points and discounts that one can get using this app. On the other hand, controversies have already rounded this technology. PayPal has filed a suit against Google and a couple of its executives for the usage of PayPal’s trade secrets. Despite the positive and the negative aspects of the app, it is sure to come up with many other interesting features as well.