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Test your basic knowledge |
Marketing Skills Exam
Start Test
Study First
Subject
:
business-skills
Instructions:
Answer 50 questions in 15 minutes.
If you are not ready to take this test, you can
study here
.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.
This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. As Inara opened a new box of tissue - she noticed a card inside listing prizes she could win if she wrote her name and address on a pice of paper and mailed it to the tissue manufacturer - who would pull 10000 names of winners out of an enormous coll
Realistic
Departure
Incentives
Shake hands firmly and bow
2. What is the checking method that is susceptible to errors if receivers do not physically count the total number of items in shipment?
Water
Standing room only close
Direct check
Consumers will buy only a limited amount of a product no matter how low its price
3. The business often has the least control over which type of promotion?
Realistic
Production planning
Publicity
Extended product feature
4. What is the source of direction for the company in horizontally organized companies
Top Management
Discount pricing
The customers
Sherman Antitrust Act
5. What type of transportation is convenient and helps reduce both packaging and inventory costs?
During the preapproach
$50.04
Trucking
Planned sales
6. A print ad includes a photo of a woman dressed in pre-Revolutionary War attire and cooking over an open-air fire. The woman is clearly an employee of Williamsburg - the Virginia town in which daily life in 18th century America is re-enacted. The ad's
Familiar saying with a twist
By placing the money on the cash drawer ledge
Departure
Loyalty
7. In what product lifecycle state is a product in when a product in when a product's marketers are looking for new market segments?
Maturity
The accuracy of the mailing list
Realistic
Departure
8. Dana needed to stock up on office supplies. She bought three packages of multi-colored file folders at $4.25 per package - six boses of felt-tip markers at $3.68 per box - and two staplers at $6.19 apiece. Assuming a tax rate of 6 percent - What was
Maturity
$50.04
Sales revenue
Loyalty
9. What is the purpose of an illustration in an ad?
$50.04
Seasonal discount
Top Management
Encourage the customer to make a purchase
10. Richard bought bath towels for his new apartment. The original price for the towels was $21.95 each - but they had been marked down by 33 percent. What was the total cost to Richard - excluding tax - for four towels.
To transact purchase orders between businesses
Beds and dressers to hotel managers
$58.83
Coins in front - bills in back - $2 bills places under $1 bills
11. Which printed media is found in 98 percent of American homes?
Trucking
Standing room only close
Buying allowance
Directory
12. What is a typical cash register arrangement?
Coins in front - bills in back - $2 bills places under $1 bills
Psychological pricing
Consumers will buy only a limited amount of a product no matter how low its price
Purchase order
13. Price x Quantity Sold = what?
Shake hands firmly and bow
Manufacturer hires agent who represents him or her in selling to industrial user
Sales revenue
Water
14. A stationary and gift store has a sale on July 5th of all small American flags and of red - white - and blue paper goods. Customers are given 50 percent off the price of the goods. What is this an example of?
Direct check
Three
Seasonal discount
Ignore the interruption
15. As the chief financial officer of NewVillage Bookstores - Incorporated - Buffy monitors the company's financial status. She also meets with other company officers to decide the direction the company will take to meet customer needs and increase profi
Rack jobber
Top Management
24 percent
Offering related merchandise
16. How can you - as a salesperson - best avoid disagreements with a customer about the amount of money the customer gave you as payment?
Buying allowance
Determine what percentage of the retail price is equal to cost
By placing the money on the cash drawer ledge
$50.04
17. In which situation is using the latest jargon acceptable?
Production planning
Beds and dressers to hotel managers
$58.83
Production planning
18. Anna sells upscale casual wear at Northeastern Adventures. Just before she writes up a customer's order - Anna shows the customer the store's newest merchandise - particularly those items that coordinate with the customer's purchases. What method is
Determine what percentage of the retail price is equal to cost
Planned sales
Offering related merchandise
Greeting approach
19. What should you do when a customer interrupts you with a question while you are making change?
Ignore the interruption
Discount pricing
Publicity
During the preapproach
20. According to Marketing Essentials - how does a customer feel when you ask several questions in a row?
Extended product feature
Research service
Limited
Cross-examined
21. According to the text - What is one of the most important consideration in direct mail advertising?
Indirect
The customers
Cross-examined
The accuracy of the mailing list
22. What does the law of diminishing marginal utility state?
Buying allowance
Consumers will buy only a limited amount of a product no matter how low its price
To transact purchase orders between businesses
Stop showing additional merchandise
23. What is the name f a legal contract between a buyer and a supplier that lists the characteristics - price - and shipping instructions of the items the supplier will provide?
Purchase order
Incentives
The accuracy of the mailing list
Research service
24. The owner of Furry Friends pet store holds weekly informal meetings to keep employees aware of new products in the store. How are the pet shop employees getting product information?
Coins in front - bills in back - $2 bills places under $1 bills
Promotional
Planned sales
Formal training
25. On what figure are all other sales projection figures in a merchandise plan based?
Proportion
Acknowledge
Planned sales
Cross-examined
26. In business-to-business selling - What is the key factor in determining the kinds of preapproach activities a salesperson should do?
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27. A customer in a computer store tells the salesperson - 'I cant buy this software program. I dont understand the directions.' The salesperson's reply is - 'Let's read over the directions together. What is the first direction you find confusing?' What
Related merchandise dislpay
Formal training
Question
Standing room only close
28. A music store's display of compact discs by a popular country-western singer was unsuccessful. Huge posters of the singer completely overshadowed the CDs. Once the display was removed - sales of the CDs improved. What is the artistic element that mos
Air
Curved
Publicity
Proportion
29. Determine the maintained markup percentage for a refrigerator that costs an retailer $365 to stock and that sells for $690; the store wants to mark down the refrigerator 30 percent.
Creativity
24 percent
Acknowledge
Realistic
30. Brigette works for Rising Bakery Company. She manages the bakery's inventory at 25 supermarkets by refilling stock and maintaining the stores' Rising Bakery displays. What is Brigette?
Air
Planned sales
Question
Rack jobber
31. Price x Quantity Sold = what?
Formal training
Offering related merchandise
Straight-rebury
Sales revenue
32. Pet World wants to reduce its planned reductions by 7 percent from last year's figure of $850. Therefore - what would be Pet World's planned reduction amount for this year?
$790.50
Blind check method
$50.04
Planned sales
33. What is electronic data interchange used for?
To transact purchase orders between businesses
Psychological pricing
Incentives
Stock shortage
34. Pet World wants to reduce its planned reductions by 7 percent from last year's figure of $850. Therefore - what would be Pet World's planned reduction amount for this year?
Realistic
Newspaper
Three
$790.50
35. The Baker and Roberti 29 Flavors ice cream company sells its ice cream and frozen yogurt only in its company-owned retail stores. What is this particular kind of distribution called?
Ignore the interruption
Integrated
Limited
Planned sales
36. Jayne works in the mens clothing department of a large department store. Yesterday - he noticed a customer inspecting an elegant suit. Approaching the customer - Jayne said - 'Good morning - Mr. Phelps. May I put that suit in a dressing room for you?
The customers
Promotional
Standing room only close
Greeting approach
37. A mortgage broker arranges for a lending institution (such as a bank or savings and loan association) to provide a mortgage for a consumer of business. In this case - What is the channel for distribution of services?
Indirect
Determining needs
Publicity
Buying allowance
38. Businesses that advertise in newspapers can target their ads to people wit particular interests or to those living in a particular region. Why can businesses do this targeting?
The home scanner industry
During the preapproach
Need
Newspapers circulation is documented and verifiable
39. lettuce farmer in California sends a carload of produce east to Ohio on Monday night. On Tuesday morning - the farmer finds a buyer for the lettuce in Albuquerque - New Mexico. What railroad service can be use to arrange for the lettuce to go to New
Diversion-in-transit
Beds and dressers to hotel managers
Extended product feature
Directory
40. A tape recorder that cost Plugged In electronics store $18 and that originally sold for $42 is marked down 25 percent. What is the maintained markup in dollars for the recorder?
Directory
Direct check
$13.50
Curved
41. What is the checking method that is susceptible to errors if receivers do not physically count the total number of items in shipment?
Newspapers circulation is documented and verifiable
Direct check
Determine what percentage of the retail price is equal to cost
$13.50
42. A company's commitment to maintaining a good health and benefits package for its workers will directly affect its
Employee relations
Cross-examined
Consumers will buy only a limited amount of a product no matter how low its price
Determining needs
43. Frank owns a gardening service. Every few months - he leaves flyers detailing his services on the doorsteps of houses in local neighborhoods. What method is Frank using to find new customers?
Extended product feature
Need
Proportion
Cold canvassing
44. Jayne works in the mens clothing department of a large department store. Yesterday - he noticed a customer inspecting an elegant suit. Approaching the customer - Jayne said - 'Good morning - Mr. Phelps. May I put that suit in a dressing room for you?
Greeting approach
Acknowledge
Trucking
Offering related merchandise
45. What is the most temporary of the psychological pricing techniques?
Offering related merchandise
Determine what percentage of the retail price is equal to cost
Publicity
Promotional
46. What is the one visual merchandising element that influences customer behavior more directly than any other?
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47. What is the first step in the procedure for determining an item's retail price when we know the item's cost and the customary markup on retail?
Now - free - new
Determine what percentage of the retail price is equal to cost
Determining needs
Standing room only close
48. Claire check merchandise shipments for a large electronics store. Recently - a shipment containing a variety of computer monitors and disk drivers arrived at the store later than expected and without an invoice. The salespeople needed the merchandise
Blind check method
The customers
Standing room only close
Question
49. What is the first step in the procedure for determining an item's retail price when we know the item's cost and the customary markup on retail?
Proportion
Directory
Determine what percentage of the retail price is equal to cost
Incentives
50. What is the one visual merchandising element that influences customer behavior more directly than any other?
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