One Way to Improve Sales Order Entry Efficiency Is by Allowing

question 50

Multiple Choice

One way to improve sales order entry efficiency is by allowing customers to enter sales order data themselves.For example,retail stores would send their orders directly to a sales order system in a format that would eliminate the need for data entry.This could be achieved using

• A)VMI.
• B)EDI.
• C)POS.
• D)VAN.

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Definitions:

Efficient Portfolio

Provide the highest expected return for any degree of risk. The efficient portfolio is that which provides the lowest degree of risk for any expected return.

Expected Return

Expected Return is the anticipated profit or loss a portfolio generates over a specific period, based on historical or forecasted performance.

Risk

The exposure to uncertainty and the potential for losing something of value, in finance typically referring to the uncertainty in investment returns.

Perfectly Negatively Correlated

A statistical measure indicating that two variables move in opposite directions with a correlation coefficient of -1.