Play: Depending on the current action, it is possible to execute that action in isolation rather than run the entire Playlist. There are some actions that this is not applicable for, for example getting file effects, in which case the option is grayed out.
Play with Child Actions: As above except that the children of the current action are also executed.
Cut / Copy / Paste: Actions will be copied or moved to a new location within this or another Playlist, provided that the target location is valid for the action type. See the following individual sections for an explanation of the rules for each action.
Remove: Remove the action from the Playlist. If this action is an asset such as a Script or Variable Data set, the asset will not be deleted from the database.