Point-Of-Sale (POS) Terminals
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Description
Electronic cash registers used for computer-based processing of sales transactions. The POS terminal identifies each item of goods from its bar code and then automatically records the sale and updates the computer-based inventory records. These terminals permit the use of perpetual inventory systems in many businesses that sell a high volume of low-cost goods.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Point-of-sale terminal
Learning Material
Covered in Topic(s)
Merchandising Activities |