The Point-Of-Sales (POS) Systems Capture All Relevant Sales Data at the Point

question 16

Multiple Choice

The Point-of-sales (POS) systems capture all relevant sales data at the point of sale - the cash register.The data that is captured includes all of the following, except:

• A)Prices are determined by accessing inventory and price list data.
• B)Sales revenue is recorded.
• C)Ordering for low-inventory items
• D)Inventory values are updated.

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Definitions:

Stakeholders

Individuals or groups that have an interest or concern in an organization and can affect or be affected by the business's actions, objectives, and policies.

Marketing Implementation

The process of executing the marketing strategy and turning plans and strategies into marketing actions to accomplish strategic marketing objectives.

Strategic Market Planning

The process of defining marketing strategies and plans that can contribute to achieving competitive advantage and meeting organizational objectives.

Desired Benefits

The specific advantages or positive outcomes that consumers look for when purchasing a product or service.