Explain what global national or local industry needs could a

Explain what global, national, or local industry needs could affect the POS system.

Solution

Point of Sale is time and place where a retail transaction is completed and the system which manages this is POS system. This system will manage all the the retail transaction details and will help in analysing the market condition of a particular product. These system play a major in gathering a company data and analyse what is the market value a product is holding and global, national, local industry could affect POS system as if their needs increases these systems would be more in demand and more flexible to meet those.