ICT in the Retail Industry

What is the primary function of a Point-of-Sale (POS) terminal?

• To manage supplier interactions

• To scan barcodes and retrieve product prices

• To process online payments

• To update stock levels manually

What does EFTPOS stand for?

• Electronic Funds Transaction at Point-of-Sale

• Electronic Funds Transfer at Point-of-Sale

• Electronic Funds Transfer at Payment System

• Electronic Financial Transaction at Point-of-Sale

Which of the following is NOT a payment method used in EFTPOS?

• Chip and PIN

• Contactless Cards

• NFC Devices

• Cash Payments

What is the purpose of the check digit in a barcode?

• To provide the manufacturer's code

• To indicate the country of origin

• To ensure no errors during reading

• To identify the product

How does the stock database respond when inventory levels fall below a threshold?

• It sends a notification to the customer

• It updates the product price

• It triggers an alert for reordering

• It automatically deletes the product

What technology is used for contactless payments?

• Bluetooth

• Wi-Fi

• Infrared

• Near Field Communication (NFC)

What happens when a barcode is scanned at the POS terminal?

• The customer is charged immediately

• The product is automatically reordered

• The product is removed from the store

• The system identifies the product and updates the stock file

Which component of the ICT system manages real-time inventory updates?

• Customer Interaction

• Supplier Interaction

• Stock Database

• EFTPOS Terminal

What is the role of the Bank System in the EFTPOS process?

• To communicate with suppliers

• To scan barcodes

• To validate card details and approve transactions

• To manage stock levels

What is one of the key benefits of using ICT in supermarkets?

• Higher operational costs

• Increased manual errors

• Slower checkout processes

• Efficient stock management