Entity three statements that describe the usage of sales stages in opportunity management

Entity three statements that describe the usage of sales stages in opportunity management

Entity three statements that describe the usage of sales stages in opportunity management

A.
Sales stages delineate the progress of an opportunity.

B.
During opportunity creation, the applicationsets an opportunity to the first sales stagein the
sales method being employed.

C.
During opportunity creation, the application sets the opportunities to all the sales stages within
the sales method being employed.

D.
Administrators can use the supplied sales stages,but cannot create new sales stages.

E.
While editing an opportunity, sales representatives can select another stage, and they can enter
a different win probability.

Explanation:
A: Sales stages are phases of progress of an opportunity toward its eventual
conclusion, either a won sale or a lost sale.
B (not C):At the time of opportunity creation, the application sets an opportunity to the first sales
stage in the sales method being employed.
E:While editing an opportunity, sales representatives can select another stage, and they can enter
a different win probability.
Note:
* A single sales method typically contains a collection of sales stages. For example, you might
have five sales stages within a sales method, each with its own attributes and each which serves a
different purpose in the progression of the opportunity.
*Sales methods and sales stages have a one-to-many relationship. In a typical implementation, a
single sales method has several sales stages. Each stage within a sales method delineates the
progress of an opportunity.
Oracle Fusion Applications Sales Implementation Guide, Sales Stages: Explained



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