ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A process which allows the order entry, pricing, and scheduling order for fulfillment
A
Sales order processing
B
Purchase order processing
C
Billing process
D
Invoice verification process
Explanation: 

Detailed explanation-1: -Order management is the process of order capturing, tracking, and fulfilling customer orders.

Detailed explanation-2: -The term ‘sales order entry’ refers to the actions needed to record a customer’s order into the seller’s handling system. A sales order entry takes place when a sales order is input into a company’s sales order management solution. In other words, it is the process by which an order is submitted to a database.

Detailed explanation-3: -Stage 1 – Receiving the customer’s order. Stage 2 – Fulfilling the customer’s order. Stage 3 – Handling the post-sales processes.

There is 1 question to complete.