Create a product description for your product$/$service$.$ Make sure to elements discussed previously. Use your answers in the Analysis activity as bases. Use matrix format for this activity.Who is this product$/$service for?RFID technology benefits industries that require effective inventory management and asset tracking solutions. Its applications extend from retail and logistics to healthcare and industry, providing improved operations and increased security through the wireless identification and monitoring of things.What are the product's or service's basic details?RFID readers can wirelessly read tags that contain electronically recorded information. These tags can be placed on items, assets, or documents, allowing them to be identified and tracked without the need for direct line$-$of$-$sight scanning. RFID systems usually consist of tags, readers, and a backend database or software for data administration and analysis.Where would someone use this product$/$service$?$It's used in a variety of industries, including retail, logistics$,$ healthcare, and manufacturing. It is used in environments that require accurate inventory management, asset tracking, and object identification. RFID systems can be used in warehouses, retail stores, hospitals, and manufacturing facilities to streamline operations and increase efficiency.When should someone use the product$/$service$?$It is ideally suited for automated and efficient tracking of goods, assets, or things that do not require direct line$-$of$-$sight scanning. It is especially useful in situations where human data entry or barcode scanning would be inefficient or time$-$consuming.Why is this product$/$service useful or better than its competitors?It offers advantages over traditional technologies like barcode scanning, such as speedier data gathering and the ability to read many tags at once. Its wireless nature allows for real$-$time tracking and monitoring of goods, resulting in more accuracy and efficiency than manual techniques.How does the product$/$service work?RFID uses radio$-$frequency signals to wirelessly communicate between RFID tags affixed to items and RFID readers. When a reader sends out radio waves, the RFID tag reacts by transmitting the recorded information, allowing the reader to identify and track the tagged object without direct touch or line$-$of$-$sight.