Examlex
Which of the following can be a barrier to entry?
i.ownership of a necessary input
ii.requiring a government license
iii.large diseconomies of scale
POS
Point Of Sale; a system used at retail locations to manage sales, inventory, and customer transactions.
Identification Card
A personal document issued by a competent authority that serves to identify the person named on it, typically including personal data and often a photo.
ATM Card
A plastic card issued by a bank allowing the cardholder to withdraw cash from automated teller machines.
Liability
A legal obligation or responsibility to another party, often resulting in the requirement to pay damages or compensation.
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