Focusing on ethical risks associated with Radio Frequency Identification (RFID), this seminar paper utilizes the William May method to conduct a thorough risk analysis of business ethics issues in the field. It provides a comprehensive overview of the potential challenges and implications of RFID technology on society. The paper, graded 87 out of 100, reflects academic insights from the Information Technology Department at UNITEC New Zealand, highlighting the intersection of technology and ethical considerations.
Today`s dynamic and competitive business environment puts an ever increasing
pressure on companies to innovate, redesign processes, and leverage the
potential of partnerships along the supply chain. Radio Frequency
Identification (RFID) is a technology offering a solution. RFID can be used to
automate and streamline identification processes at decreased costs. However,
as RFID is only a way to collect the data at the lowest level, the technology
must be integrated with the supply chain management systems. Also, the various
information systems along the supply chain must be integrated to allow for
exchange and in order to give a meaning to the data. This study deals with
RFID technology introduction and impacts on supply chain management systems to
give an insight into the current issues and status of the technology. It
examines five RFID projects carried out by companies operating in different
industries. The presentation and discussion of the results will help to better
understand what RFID can deliver, what deficiencies companies reveal and where
its application in supply chain operations is sensible and likely to occur.
