Why do point-of sale systems process business activities more effectively? Can the information be tracked manually in an effective manner? Why or why not? What types of questions could be answered effectively? How could the information be used to better manage the business?
Expert Answer
Now a days every small business is implementing the point of sale system as it is more effective and convenient. Through this system, a person is present near the payment counter who calculates the bill, asks us the mode of payment we want to do and proceed with the payment and generates a bill. Everything is done using system and price tags are used to calculate prices . These price tags are connected to the system through barcodes. This process allows us to implement any price changes or discounts or schemes very easily and even modify theprices. As the work is done online the chances of doing mistake is very less. Information of customers can be easily stored. Thi sinformation can be used to take feedback and this feed back helps us know where we have to develop our business.It is very easy and time saving system because of which many business are preferring to implement it in their stores.