The ________ Process Responds to Customer Demand by Managing Orders

question 20

Multiple Choice

The ________ process responds to customer demand by managing orders, and storing and delivering finished goods.

• A) manufacturing
• B) order completion
• C) order fulfillment
• D) marketing
• E) none of the above

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Definitions:

List Prices

List prices refer to the advertised or official price of a product before any discounts or reductions are applied.

Trade Discounts

Discounts from the list prices in published catalogs or special discounts offered to certain classes of buyers.

Operating Expenses

Costs associated with a company's main operational activities, excluding the cost of goods sold.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue, indicating the financial performance over a specific period.