What Is a Typical Procedure for Processing Sales Orders from New

question 44

Multiple Choice

What is a typical procedure for processing sales orders from new customers or customers making a purchase that causes their credit limit to be exceeded?

• A)General authorization to approve the order is given to sales clerks.
• B)Specific authorization must be granted by the credit manager.
• C)The sale should be rejected.
• D)The sales clerk should order a report from a credit bureau before approving the order.

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Definitions:

Importance

The relevance or significance of something in a given context, often determining the priority or attention it receives.

Segmenting

The process of dividing a broad consumer or business market into subgroups with similar characteristics, needs, or behaviors.

Targeting Markets

The process of identifying and focusing on specific groups of potential customers to whom a company aims to sell its products or services.

Key Steps

The critical phases or important actions needed to achieve a goal or complete a process effectively.