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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. 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?
Stock shortage
Loyalty
Extended product feature
Acknowledge
2. 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
Pipeline
Creativity
Incentives
Loyalty
3. 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?
Promotional
Direct check
Seasonal discount
Illustration sight lines lead the reader to the copy
4. 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
Manufacturer to wholesaler to retailer to consumer
Maturity
Realistic
5. 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?
Need
$58.83
$790.50
It always identifies the name of the business of individual that paid for it
6. What is the most temporary of the psychological pricing techniques?
Loyalty
Promotional
Discount pricing
$50.04
7. According to the text - What is one of the most important consideration in direct mail advertising?
The accuracy of the mailing list
Consumers will buy only a limited amount of a product no matter how low its price
Manufacturer hires agent who represents him or her in selling to industrial user
24 percent
8. What is the contract term 3/10 net 30 extra 60 an example of?
Limited
Greeting approach
Now - free - new
Discount pricing
9. 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
Determining needs
2
Beds and dressers to hotel managers
Question
10. 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?
Directory
Purchase order
Coins in front - bills in back - $2 bills places under $1 bills
Departure
11. Sometimes a home owner who wishes to sell his or her house will but a home warranty. This means that the buyer of the house will not have to pay for particular house repairs that become necessary during the first year after the house is sold. In this
Extended product feature
Offering related merchandise
Departure
Familiar saying with a twist
12. How does most price planning begin?
Cold canvassing
Maturity
Cost and expense analysis
24 percent
13. What do many store use to mark the price on a dress or suit?
UPC code
Maturity
Loyalty
Supervisors
14. A company's commitment to maintaining a good health and benefits package for its workers will directly affect its
Employee relations
Ignore the interruption
Supervisors
Stock shortage
15. What does the law of diminishing marginal utility state?
Cold canvassing
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
$3 -548.16
16. Petite Boutique buys its blouses from Too Sweet blouse manufacturers. Too Sweet offers a 12 percent discounts on orders of $3000 or more. Petite Boutique ordered $4 -200 worth of merchandise and insistred on terms of 4/10 net 30. If the store takes a
Shake hands firmly and bow
$3 -548.16
$13.50
Supervisors
17. 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?
Cold canvassing
Integrated
The accuracy of the mailing list
Beds and dressers to hotel managers
18. What is the most likely distribution channel for manufacturer of laundry products - candy - and flowers desined for consumers use?
It always identifies the name of the business of individual that paid for it
Rack jobber
Manufacturer to wholesaler to retailer to consumer
Seasonal discount
19. The Frisinas take a vacation every spring. Working with a travel agent to gather info. about possible destinations - they have planned and taken trips to resort locations throughout the U.S. What type 0f decision making will the Frisinas use to selec
UPC code
Water
Limited
Ignore the interruption
20. 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
Newspaper
Familiar saying with a twist
Seasonal discount
Discount pricing
21. '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?
Need
Indirect
Newspaper
Loyalty
22. What should you do when a customer interrupts you with a question while you are making change?
Proportion
Indirect
Top Management
Ignore the interruption
23. 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?
Ignore the interruption
Rack jobber
It always identifies the name of the business of individual that paid for it
Loyalty
24. 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?
Extended product feature
Newspapers circulation is documented and verifiable
Top Management
Greeting approach
25. How should a salesperson greet a customer in Japan?
Shake hands firmly and bow
Beds and dressers to hotel managers
Offering related merchandise
Three
26. 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
Top Management
Acknowledge
Loyalty
Offering related merchandise
27. 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?
Integrated
Research service
Manufacturer to wholesaler to retailer to consumer
Indirect
28. What is a special price discount that is given as an incentive to wholesalers and retailers?
Proportion
Rack jobber
Buying allowance
Greeting approach
29. What should the salesperson do when a customer is having difficulty making a buying decision?
Offering related merchandise
Integrated
Publicity
Stop showing additional merchandise
30. What is the one visual merchandising element that influences customer behavior more directly than any other?
31. What is the source of direction for the company in horizontally organized companies
Newspapers circulation is documented and verifiable
Related merchandise dislpay
The customers
Diversion-in-transit
32. When used in headlines - what words attract most readers' attention?
Three
$13.50
Sales promotion
Now - free - new
33. What is electronic data interchange used for?
Standing room only close
Blind check method
Coins in front - bills in back - $2 bills places under $1 bills
To transact purchase orders between businesses
34. '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?
$58.83
Need
Employee relations
Cost and expense analysis
35. What is the difference between recorded sales and inventory based on a physical count?
Shake hands firmly and bow
Need
Sales promotion
Stock shortage
36. The sales close that should be used infrequently because it can be viewed by the customer as a pressure tactic is the...
$3 -548.16
Manufacturer hires agent who represents him or her in selling to industrial user
Standing room only close
Beds and dressers to hotel managers
37. What do many store use to mark the price on a dress or suit?
Straight-rebury
Extended product feature
UPC code
$13.50
38. During a presentation - What is the maximum number of items a salesperson should show a customer at one time?
The accuracy of the mailing list
Three
Familiar saying with a twist
Shake hands firmly and bow
39. 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
Proportion
Manufacturer hires agent who represents him or her in selling to industrial user
Sales promotion
Three
40. A company's commitment to maintaining a good health and benefits package for its workers will directly affect its
Shake hands firmly and bow
Employee relations
Newspaper
Direct check
41. 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
Need
Sales promotion
Departure
24 percent
42. 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?
Related merchandise dislpay
Cold canvassing
Cross-examined
$790.50
43. What is the least expensive means of product transportation?
Water
$3 -548.16
Realistic
Rack jobber
44. 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
The accuracy of the mailing list
$50.04
Determine what percentage of the retail price is equal to cost
Offering related merchandise
45. According to Marketing Essentials - how does a customer feel when you ask several questions in a row?
Acknowledge
Cross-examined
Consumers will buy only a limited amount of a product no matter how low its price
Beds and dressers to hotel managers
46. 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
The salesperson's prior relationship with the customer
It always identifies the name of the business of individual that paid for it
Determining needs
47. 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?
Question
$58.83
Greeting approach
Cold canvassing
48. What is the difference between recorded sales and inventory based on a physical count?
Stock shortage
Manufacturer hires agent who represents him or her in selling to industrial user
The customers
The salesperson's prior relationship with the customer
49. Arabesque Danceware store had $67 -500 in sales during January and its BOM stock inventory was $135000. What was its stock-to-sales ratio?
Incentives
Employee relations
Shake hands firmly and bow
2
50. How does most price planning begin?
Manufacturer hires agent who represents him or her in selling to industrial user
Acknowledge
Familiar saying with a twist
Cost and expense analysis