Action Menu ~ what is it?

Many customer questions come into my support line, frequently the solution involves something in the Action menu (Backup, Restore, Spot Prices, Sorting, etc.).

The picture below shows the Action menu, a menu item that looks like a piece of paper with an up-arrow thingy. It's sometimes hard to communicate via email what this Action menu thingy is, so I'm providing a post here so people might be able to see a picture.

You know what they say, a picture is worth 1,000 words.