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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. According to the text - What is one of the most important consideration in direct mail advertising?
The accuracy of the mailing list
Top Management
Seasonal discount
Discount pricing
2. 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.
During the preapproach
Top Management
24 percent
$58.83
3. In which situation is using the latest jargon acceptable?
Illustration sight lines lead the reader to the copy
Beds and dressers to hotel managers
Newspapers circulation is documented and verifiable
The salesperson's prior relationship with the customer
4. In which step of the sale should you learn what the retail customer is looking for in a good or service?
Determining needs
Air
Shake hands firmly and bow
Water
5. The Natural Place is a gift store selling items that focus on the environment and ecological concerns. Chris coordinates all of the physical elements in The Natural Place so that the store projects the right image to its customers. What is Chris dire
Sherman Antitrust Act
Sales promotion
Offering related merchandise
Incentives
6. Which printed media is found in 98 percent of American homes?
Newspapers circulation is documented and verifiable
Greeting approach
Directory
Acknowledge
7. Faro illustrated children's books for a large publishing house. Her illustrations were original and charming - but very different from the types of drawings the company preferred. Eventually - Faro left the company for a job with another publishing f
The width of the store's aisles
Newspapers circulation is documented and verifiable
Creativity
The accuracy of the mailing list
8. What type of transportation accounts for the smallest percentage of total ton-miles of freight shipped?
Consumers will buy only a limited amount of a product no matter how low its price
Loyalty
Air
Familiar saying with a twist
9. 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
Discount pricing
Straight-rebury
Incentives
It always identifies the name of the business of individual that paid for it
10. What is the easiest and most effective method of suggestion selling?
Loyalty
Shake hands firmly and bow
Familiar saying with a twist
Offering related merchandise
11. Which printed media is found in 98 percent of American homes?
Consumers will buy only a limited amount of a product no matter how low its price
$790.50
Straight-rebury
Directory
12. What is the checking method that is susceptible to errors if receivers do not physically count the total number of items in shipment?
Seasonal discount
Direct check
Manufacturer hires agent who represents him or her in selling to industrial user
Sherman Antitrust Act
13. How does most price planning begin?
Cost and expense analysis
Realistic
Determine what percentage of the retail price is equal to cost
Need
14. Ordering staple goods from a familiar vendor is what type of purchasing situation?
Straight-rebury
Realistic
During the preapproach
Cross-examined
15. When used in headlines - what words attract most readers' attention?
$58.83
Stop showing additional merchandise
Now - free - new
Top Management
16. When used in headlines - what words attract most readers' attention?
Now - free - new
Maturity
Integrated
Planned sales
17. How can you - as a salesperson - best avoid disagreements with a customer about the amount of money the customer gave you as payment?
By placing the money on the cash drawer ledge
The accuracy of the mailing list
24 percent
Determining needs
18. 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
$3 -548.16
$50.04
Top Management
Limited
19. The Natural Place is a gift store selling items that focus on the environment and ecological concerns. Chris coordinates all of the physical elements in The Natural Place so that the store projects the right image to its customers. What is Chris dire
Production planning
Sales promotion
Creativity
Sales revenue
20. In an advertising agency - some people study demographic data in order to determine the type of message that will appeal to a particular market segment. In what department do such agency employees usually work?
Greeting approach
During the preapproach
Research service
Acknowledge
21. The sales close that should be used infrequently because it can be viewed by the customer as a pressure tactic is the...
Cold canvassing
Discount pricing
Standing room only close
Greeting approach
22. 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?
Discount pricing
Maturity
$790.50
Encourage the customer to make a purchase
23. What does the law of diminishing marginal utility state?
$790.50
Consumers will buy only a limited amount of a product no matter how low its price
To transact purchase orders between businesses
Loyalty
24. What is loss-leader pricing a part of?
Psychological pricing
Consumers will buy only a limited amount of a product no matter how low its price
Supervisors
Question
25. What is the checking method that is susceptible to errors if receivers do not physically count the total number of items in shipment?
Straight-rebury
Extended product feature
Direct check
Incentives
26. 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?
Newspapers circulation is documented and verifiable
Seasonal discount
Creativity
Publicity
27. Score Sporting Goods store always has a display with mannequins engaged in season-appropriate sports. The store uses many props to make customers feel as if they could almost join the fun going on in the displays. How would you describe the settings
Buying allowance
$58.83
Realistic
Encourage the customer to make a purchase
28. 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?
Discount pricing
Incentives
Ignore the interruption
Formal training
29. 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?
To transact purchase orders between businesses
Cold canvassing
It always identifies the name of the business of individual that paid for it
Indirect
30. What is the one visual merchandising element that influences customer behavior more directly than any other?
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31. In an advertising agency - some people study demographic data in order to determine the type of message that will appeal to a particular market segment. In what department do such agency employees usually work?
Cold canvassing
Research service
The salesperson's prior relationship with the customer
Illustration sight lines lead the reader to the copy
32. According to Marketing Essentials - how does a customer feel when you ask several questions in a row?
Greeting approach
Determining needs
Cross-examined
Manufacturer hires agent who represents him or her in selling to industrial user
33. Price x Quantity Sold = what?
Newspaper
Sales revenue
Encourage the customer to make a purchase
Indirect
34. River Tam owns and operate River Tam's Textiles Which manufactures fabric used by furniture makers for covering sofas and chairs. River Tam's business is too small to afford its own sales force. What is the distribution channel that River Tam would m
Promotional
Three
Cold canvassing
Manufacturer hires agent who represents him or her in selling to industrial user
35. 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?
$58.83
Formal training
Three
Extended product feature
36. In ads - What are line of force?
Newspapers circulation is documented and verifiable
Illustration sight lines lead the reader to the copy
Determine what percentage of the retail price is equal to cost
Proportion
37. What is a special price discount that is given as an incentive to wholesalers and retailers?
Sales promotion
Ignore the interruption
Buying allowance
Ignore the interruption
38. What is the purpose of an illustration in an ad?
Promotional
Determine what percentage of the retail price is equal to cost
Seasonal discount
Encourage the customer to make a purchase
39. What is the most likely distribution channel for manufacturer of laundry products - candy - and flowers desined for consumers use?
Manufacturer to wholesaler to retailer to consumer
Buying allowance
Creativity
$790.50
40. Arabesque Danceware store had $67 -500 in sales during January and its BOM stock inventory was $135000. What was its stock-to-sales ratio?
Familiar saying with a twist
Incentives
2
Acknowledge
41. Ordering staple goods from a familiar vendor is what type of purchasing situation?
Straight-rebury
Diversion-in-transit
Greeting approach
$50.04
42. When are the customers' needs usually determined in a business-to-business sales situation?
24 percent
Greeting approach
$50.04
During the preapproach
43. 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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44. A visual merchandising specialist is creating a display for a new walking shoe. The shoe store owner wants to emphasize the comfort and freedom of movement the shoes give the wearer. To created this effect - the visual merchandising specialist should
24 percent
Seasonal discount
Curved
$3 -548.16
45. Materials requirement planning is part of what overall business activity?
Seasonal discount
Production planning
Loyalty
Incentives
46. 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
Direct check
Discount pricing
Departure
47. How can you - as a salesperson - best avoid disagreements with a customer about the amount of money the customer gave you as payment?
$50.04
Determining needs
Consumers will buy only a limited amount of a product no matter how low its price
By placing the money on the cash drawer ledge
48. 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.
Top Management
Indirect
Maturity
$58.83
49. 'My spouse and I would love to take this trip to Hawaii that you've described - but we have to repaint our house and we really should replace out refrigerator.' What us such an objection based on?
Blind check method
$50.04
Need
The home scanner industry
50. 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?
$13.50
Ignore the interruption
Promotional
2