How is the parameter newOrderRespType working in placing order endpoint

Q: What is newOrderRespType, and why should I need to care?

Placing order endpoints

POST /api/v3/order
POST /api/v3/order/oco
POST /sapi/v1/margin/order

has this parameter newOrderRespType which allow client decide how many data returned.

allowed value: ACK , RESULT , or FULL.

order type default value
MARKET FULL
LIMIT FULL
STOP_LOSS ACK
STOP_LOSS_LIMIT ACK
TAKE_PROFIT ACK
TAKE_PROFIT_LIMIT ACK
LIMIT_MAKER ACK

In the API document https://binance-docs.github.io/apidocs/spot/en/#new-order-trade there are examples of each response type.