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Management · Q115

Management Information System (MIS)

Graduate and Post Graduate · Management · question 115

Q115

POS stands for ____.

A.
Point Of Structure
B.
Point Of Sale
Answer
C.
Product Of Structure
D.
Product Of Sale

Answer: Option B

Solution

Answer: Option B
Solution:
POS stands for Point Of Sale. A point-of-sale (POS) transaction is what takes place between a merchant and a customer when a product or service is purchased, commonly using a point of sale system to complete the transaction.