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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. What is electronic data interchange used for?
To transact purchase orders between businesses
Stock shortage
Now - free - new
Curved
2. 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
Creativity
Related merchandise dislpay
Blind check method
Buying allowance
3. What is one characteristic of advertising?
Consumers will buy only a limited amount of a product no matter how low its price
It always identifies the name of the business of individual that paid for it
Incentives
Indirect
4. What should the salesperson do when a customer is having difficulty making a buying decision?
The accuracy of the mailing list
Stop showing additional merchandise
The customers
Cross-examined
5. 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
Need
$50.04
Sales promotion
Integrated
6. In which step of the sale should you learn what the retail customer is looking for in a good or service?
Incentives
Determining needs
The accuracy of the mailing list
$50.04
7. A salesperson says to a customer - 'I've has many customers express the same concern you've just stated.' What step of the basic strategy for handling objections does the preceding comment exemplify?
Sales revenue
Sherman Antitrust Act
Proportion
Acknowledge
8. 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
The customers
Question
Air
Straight-rebury
9. Who are those who assign work duties and supervise employees?
Trucking
The home scanner industry
Supervisors
Realistic
10. What is the most likely distribution channel for manufacturer of laundry products - candy - and flowers desined for consumers use?
Stock shortage
Cold canvassing
Integrated
Manufacturer to wholesaler to retailer to consumer
11. 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
Sales promotion
Indirect
Newspaper
Determine what percentage of the retail price is equal to cost
12. 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
Manufacturer hires agent who represents him or her in selling to industrial user
Promotional
Stop showing additional merchandise
Offering related merchandise
13. What is the contract term 3/10 net 30 extra 60 an example of?
During the preapproach
Indirect
Pipeline
Discount pricing
14. What is the most temporary of the psychological pricing techniques?
Pipeline
Sales promotion
Supervisors
Promotional
15. 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?
$13.50
Shake hands firmly and bow
Direct check
Formal training
16. What is a typical cash register arrangement?
Offering related merchandise
Diversion-in-transit
Acknowledge
Coins in front - bills in back - $2 bills places under $1 bills
17. The sales close that should be used infrequently because it can be viewed by the customer as a pressure tactic is the...
Manufacturer to wholesaler to retailer to consumer
Shake hands firmly and bow
Standing room only close
Determining needs
18. What industry was adversely affected by price wars?
Air
Cost and expense analysis
Integrated
The home scanner industry
19. 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?
It always identifies the name of the business of individual that paid for it
Rack jobber
Determine what percentage of the retail price is equal to cost
Loyalty
20. What do many store use to mark the price on a dress or suit?
Diversion-in-transit
UPC code
Cost and expense analysis
Realistic
21. 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
Discount pricing
Trucking
$13.50
22. Arabesque Danceware store had $67 -500 in sales during January and its BOM stock inventory was $135000. What was its stock-to-sales ratio?
Acknowledge
2
Departure
Manufacturer hires agent who represents him or her in selling to industrial user
23. 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
Water
Offering related merchandise
Incentives
Three
24. 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.
Greeting approach
Three
24 percent
Newspapers circulation is documented and verifiable
25. 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
Ignore the interruption
Top Management
Psychological pricing
Standing room only close
26. During what stage of selling should you educate a customer about the special care or special instructions an item requires?
The home scanner industry
Top Management
Departure
$790.50
27. In which situation is using the latest jargon acceptable?
Sales revenue
Formal training
Beds and dressers to hotel managers
Stop showing additional merchandise
28. 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?
Publicity
Proportion
Indirect
$13.50
29. What is the transportation system with the best safety record?
Pipeline
24 percent
$790.50
Incentives
30. 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?
Formal training
Limited
Research service
It always identifies the name of the business of individual that paid for it
31. 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?
Blind check method
Indirect
Stop showing additional merchandise
Seasonal discount
32. What is electronic data interchange used for?
To transact purchase orders between businesses
2
Now - free - new
The width of the store's aisles
33. 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?
Rack jobber
Discount pricing
Beds and dressers to hotel managers
Stock shortage
34. What is loss-leader pricing a part of?
Psychological pricing
Offering related merchandise
Straight-rebury
Diversion-in-transit
35. Employee morale is very low at the I Was Frames art supplies company. Employees are unhappy because vacant management positions are always filled by people from outside the company. Turnover at the production and supervisory levels is high. What do e
Extended product feature
Sales promotion
Loyalty
The salesperson's prior relationship with the customer
36. Who are those who assign work duties and supervise employees?
Supervisors
Standing room only close
It always identifies the name of the business of individual that paid for it
Manufacturer to wholesaler to retailer to consumer
37. What is the checking method that is susceptible to errors if receivers do not physically count the total number of items in shipment?
Top Management
Production planning
Direct check
Stock shortage
38. 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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39. 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?
Employee relations
Trucking
$790.50
Air
40. 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
Acknowledge
Publicity
Proportion
Manufacturer hires agent who represents him or her in selling to industrial user
41. In which type of print medium is an advertisement's life the shortest?
Water
Familiar saying with a twist
Newspaper
It always identifies the name of the business of individual that paid for it
42. During a presentation - What is the maximum number of items a salesperson should show a customer at one time?
Straight-rebury
Three
$790.50
2
43. 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
Realistic
24 percent
Need
Research service
44. During what stage of selling should you educate a customer about the special care or special instructions an item requires?
Stop showing additional merchandise
Departure
Formal training
Production planning
45. When are the customers' needs usually determined in a business-to-business sales situation?
Diversion-in-transit
During the preapproach
Loyalty
Formal training
46. What is the most temporary of the psychological pricing techniques?
Promotional
Question
Standing room only close
Shake hands firmly and bow
47. What does the law of diminishing marginal utility state?
Manufacturer to wholesaler to retailer to consumer
Supervisors
Consumers will buy only a limited amount of a product no matter how low its price
Extended product feature
48. Price x Quantity Sold = what?
24 percent
Related merchandise dislpay
Illustration sight lines lead the reader to the copy
Sales revenue
49. 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.
The salesperson's prior relationship with the customer
Sales revenue
24 percent
Discount pricing
50. In which step of the sale should you learn what the retail customer is looking for in a good or service?
Determining needs
Research service
Directory
Trucking
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