The Three Operation Functions, ________, ________, and ________, Are Responsible

question 9

Multiple Choice

The three operation functions, ________, ________, and ________, are responsible for the "order fulfillment" process.

• A) purchasing, production and quality assurance
• B) material control, production, quality assurance
• C) material control, production, logistics
• D) purchasing, production and logistics

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Definitions:

Credit Terms

Conditions under which a seller will extend credit to a buyer, including repayment periods and interest rates.

Merchandise Return

Occurs when customers return previously purchased products to the seller, typically resulting in a refund or store credit.

Account Settlement

The process of reconciling and closing an account by paying off any outstanding balance.

Cost Of Goods Sold

Costs directly connected to the production of a company's sold merchandise.