The Component popup menu is displayed when you right-click on the scene. It provides a number of functions relating to camera position, editing, component properties etc.
View
Allows you to select either Perspective or Orthographic for the selected view panel.
Look at Scene
Positions the view camera so that it looks at the scene.
Look At
Positions the view camera so that it looks at the selected component.
Look With
Positions the view camera so that it looks from the position of the selected component along its orientation.
Copy
Copies the selected scene component to the clipboard.
Cut
Cuts the selected scene component to the clipboard.
Paste
Pastes the scene component currently in the clipboard onto the scene. If a component is active, this new component will become a child of the selected component.
Delete
Deletes the selected scene component.
Make Sibling
Moves the selected scene component up one level in the scene hierarchy, making it a sibling of any components in its new frame.
Make Child
Moves the selected scene component to a new frame that is a child of the selected component's frame.
Add to Object Library
Adds the selected object to the object library. In order for an object to be in an object library, it must first be saved as a DirectX file. A dialog will be presented permitting you to save the object as a DirectX file.
Export Object
Exports the selected object to an Object File (DirectX file).
Properties
Each scene component has associated properties that can be displayed and updated. The Properties function displays those properties and allows you to update many of them.