The RFID technology is important for business management because it prevents theft, reduces cost and increases the efficiency.

The ability to detect where items are in a store has improved dramatically with the use of Radio Frequency Identification (RFID) systems—which can tell you exactly how much inventory an individual shelf holds or which aisle a particular item was purchased from. These tags provide retailers with data like what time customers buy certain products, and whether they return them when required; this information provides invaluable insight into customer behavior that managers would not be able to otherwise access without costly surveying methods.    RFID Handheld Reader         RFID technology has been crucial to the development of business management systems. The use of RFIDs in everything from inventory tracking, retail product scanning and pricing verification have transformed how retailers do their jobs.  RFID Tags  This is because it's a lot easier for companies like WalMart or Amazon to keep track of what they're doing when items are labeled with an electronic tag that can be easily read by any reader device anywhere within range if its location on earth. It also makes life much simpler for employees at these big corporations as well who only need one scanner instead of having to look through shelves where every item needs looking up individually before being priced out correctly -- all you need now is scan anything your hand touches!