Bar codes allow for identification of objects by containing identifying information that can be scanned into a computer. There are different types of bar codes like EAN 13 which is used in Europe. Bar codes provide advantages like being time savers, increasing efficiency, and reducing mistakes and costs. However, precision is required when printing bar codes to avoid issues with scanning. New developments include two-dimensional QR codes which can store more data efficiently and are used for various applications like product tracking. In conclusion, bar codes have greatly benefited businesses and stores by enabling improved management, point of sale operations, and information transfer.