PRACTICE TEST; CHPT 16 – Flashcards

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question
Advertising consists largely of​ non-personal communication with large groups of​ consumers, whereas​ ________ involves interpersonal interactions and engagement between company representatives and individual customers.
answer
personal selling
question
The concept of​ ________ is based on the idea that for many​ customers, the salesperson is the companylong dash—the only tangible manifestation of the company with which they ever interact. As a​ result, strong relationships with the salesperson often translate into loyalty to the company and its products.
answer
salesperson-owned loyalty
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Which of the following statements is true regarding​ salespeople?
answer
The best salespeople are the ones who work closely with customers for mutual gain.
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In complex selling​ situations, personal selling can be more effective than advertising because it is​ ________.
answer
interpersonal
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Which of the following statements about coordinating marketing and sales is​ correct?
answer
Coordinating marketing and sales can be improved by increasing communication between the two groups.
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Which of the following statements about personal selling is​ correct?
answer
Many customers are unable to distinguish the salesperson from the company
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Because many industry sectors require highly specialized​ knowledge, General Electric employs different sales forces in each of its different product and service divisions. This approach to sales organization is known as a​ _______ sales force structure.
answer
product
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Many software companies pair account representatives with computer engineers as well as other experts from areas such as​ marketing, technical​ support, and research and development. This concept is known as​ ________.
answer
team selling
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What is the first decision made in sales force​ management?
answer
Designing sales force strategy and structure
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If the company sells only one product line to one industry with customers in many​ locations, it would use a​ ________ sales force structure.
answer
territorial
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What are the four elements of a compensation plan for​ salespeople?
answer
A fixed​ amount, a variable​ amount, expenses, and fringe benefits
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Before calling on a​ prospect, the salesperson should learn as much as possible about the organization​ (what it​ needs, who is involved in the​ buying) and its buyers​ (their characteristics and buying​ styles). This stage of the selling process is known as​ ________.
answer
preapproach
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The first step in the selling process is​ ________, during which the salesperson identifies qualified potential customers.
answer
prospecting
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​________ identifies qualified potential customers and is the first step of the personal selling process.
answer
prospecting
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At which step of the personal selling process does the salesperson tell the​ "value story" to the​ buyer, showing how the​ company's offer solves the​ customer's problems?
answer
presentation and demonstration
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After the presentation and demonstration step in the sales​ process, a salesperson should next be prepared to​ ________.
answer
handle objections
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Most companies today want their salespeople to​ ________, which means demonstrating and delivering superior customer value and capturing a return on that value that is fair for both the customer and the company.
answer
practice value selling
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Manufacturers utilize​ ________ in order to persuade retailers to carry new items and more​ inventory, promote the​ company's products, and give them more shelf space.
answer
trade promotions
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________ include(s) a wide range of tools such as free​ samples, coupons,​ point-of-purchase displays, and sweepstakes.
answer
Consumer promotions
question
Which of the following are objectives of trade​ promotions?
answer
Getting retailers to carry new items and more​ inventory, buy​ ahead, or promote the​ company's products and give them more shelf space
question
One consumer promotion tool is​ ________, which are goods offered free or at a low cost as an incentive to buy a product.
answer
premiums
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Single packages sold at a reduced price​ (such as two for the price of​ one) or two related products banded together​ (such as a toothbrush and​ toothpaste) are examples of which consumer promotion​ tool?
answer
Price-packs
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Which of the following tools can be used as both consumer and trade​ promotions?
answer
Contests, premiums, and displays
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Helping salespeople to​ "work smart" by doing the right things in the right ways is the goal of​ ________.
answer
supervision
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Encouraging salespeople to "work hard" and energetically toward sales force goal is the goal of _______.
answer
motivation
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