What Are the Three Primary Tasks of Order Processing

question 113

Multiple Choice

What are the three primary tasks of order processing?

• A) Order receipt, order delivery, order follow-up
• B) Order handling, inventory management, order delivery
• C) Materials handling, warehousing, order delivery
• D) Order handling, order entry, order delivery
• E) Order receipt, order checking, order delivery

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Definitions:

Contribution Margin

The amount by which sales revenue exceeds variable costs, contributing towards covering fixed costs and profit.

Gross Margin

The difference between sales revenue and the cost of goods sold, divided by revenue, expressed as a percentage, indicating the financial health and profitability of a company's core activities.

Net Operating Income

The profit realized from a business's operations after subtracting all operation-related expenses from gross income.

Contribution Margin

The difference between sales revenue and variable costs, indicating how much revenue is contributing to the fixed costs and net profit after covering the variable costs.