Pricing strategies must relate to which of the following to be successful? Customer habits

Competitors' pricing strategies

The economy

Advertising

The correct answer is A, Point of Sale system.

Explanation:

A point of sale is basically the time or place of the completion of the sales transaction. A completed transaction is called the point of sale. The systems involved in the point of sale are called as the point of sales system. These systems previously involved cash registered, where transactions were recorded. But now a days, sales information are recorded on the computer systems. These sales information after a complete transaction can be sent to the finance department.