Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Marketing

Question:
…………….refers to time and steps involved between receipt of order from the customer and delivery of goods?
Options:
Inventory control
Transportation
Warehousing
Order processing
Correct Answer:
Order processing
Explanation:
Order Processing: In a typical buyer-seller relationship order placement is the first step. Products flow from manufacturers to customers via channel members while orders flow in the reverse direction, from customers to the manufacturers. A good physical distribution system should provide for an accurate and speedy processing of orders, in the absence of which goods would reach the customers late or in wrong quantity or specifications. This would result in customer dissatisfaction, with the danger of loss of business and goodwill.