If a POS Terminal Is Able to Update Inventory at Geographically

question 77

Multiple Choice

If a POS terminal is able to update inventory at geographically separate locations, what is the term for this ability?

• A)Internet capable
• B)POS mobility
• C)digital encapsulation
• D)ATM facility

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Definitions:

Oligopolies

Market structures characterized by a small number of firms controlling a large majority of the market share and having significant impact on prices and production.

Pure Monopolies

Market structures characterized by a single seller that faces no competition, typically due to high barriers to entry.

Socially Desirable

Refers to actions or policies that are considered beneficial to the wider community or society as a whole.