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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?
Offering related merchandise
To transact purchase orders between businesses
Psychological pricing
Promotional
2. What is the contract term 3/10 net 30 extra 60 an example of?
Straight-rebury
Realistic
Discount pricing
Promotional
3. How does most price planning begin?
Pipeline
Greeting approach
Cost and expense analysis
Extended product feature
4. 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?
By placing the money on the cash drawer ledge
It always identifies the name of the business of individual that paid for it
Determine what percentage of the retail price is equal to cost
$58.83
5. According to the text - What is one of the most important consideration in direct mail advertising?
Familiar saying with a twist
Promotional
The accuracy of the mailing list
$58.83
6. What is the transportation system with the best safety record?
Need
Consumers will buy only a limited amount of a product no matter how low its price
The width of the store's aisles
Pipeline
7. What is electronic data interchange used for?
It always identifies the name of the business of individual that paid for it
Coins in front - bills in back - $2 bills places under $1 bills
Need
To transact purchase orders between businesses
8. Something's Cooking sells a variety of cooking and serving utensils. Each November the promotion staff creates an elaborate display of all he utensils and cooking pans a cook could possibly need to cook a big Thanksgiving meal. What type of display w
Planned sales
Illustration sight lines lead the reader to the copy
Publicity
Related merchandise dislpay
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
$3 -548.16
Discount pricing
The accuracy of the mailing list
Incentives
10. In which situation is using the latest jargon acceptable?
Beds and dressers to hotel managers
Research service
Production planning
Buying allowance
11. 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
Cost and expense analysis
Seasonal discount
Incentives
12. What should the salesperson do when a customer is having difficulty making a buying decision?
Stop showing additional merchandise
Purchase order
It always identifies the name of the business of individual that paid for it
Pipeline
13. What is the contract term 3/10 net 30 extra 60 an example of?
During the preapproach
Discount pricing
Sales revenue
Acknowledge
14. 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
Extended product feature
Newspaper
Research service
Proportion
15. What is the least expensive means of product transportation?
Limited
Water
Manufacturer to wholesaler to retailer to consumer
Diversion-in-transit
16. What is the checking method that is susceptible to errors if receivers do not physically count the total number of items in shipment?
Determine what percentage of the retail price is equal to cost
Direct check
Discount pricing
$50.04
17. 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?
Research service
Formal training
Directory
Air
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
Related merchandise dislpay
$13.50
Offering related merchandise
Acknowledge
19. 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?
Straight-rebury
Incentives
Familiar saying with a twist
Integrated
20. 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
Ignore the interruption
Sales promotion
$790.50
Extended product feature
21. 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?
Employee relations
Incentives
Rack jobber
Illustration sight lines lead the reader to the copy
22. What is a typical cash register arrangement?
Psychological pricing
Coins in front - bills in back - $2 bills places under $1 bills
Now - free - new
Limited
23. 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?
Integrated
$50.04
Offering related merchandise
To transact purchase orders between businesses
24. 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
Top Management
Pipeline
Manufacturer to wholesaler to retailer to consumer
The accuracy of the mailing list
25. On what figure are all other sales projection figures in a merchandise plan based?
$790.50
Planned sales
Top Management
Creativity
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
Loyalty
Diversion-in-transit
Sherman Antitrust Act
Production planning
27. What should you do when a customer interrupts you with a question while you are making change?
Ignore the interruption
Stop showing additional merchandise
Employee relations
Shake hands firmly and bow
28. When are the customers' needs usually determined in a business-to-business sales situation?
During the preapproach
The width of the store's aisles
$50.04
Integrated
29. Price x Quantity Sold = what?
Three
Cross-examined
Sales revenue
Creativity
30. According to Marketing Essentials - how does a customer feel when you ask several questions in a row?
Greeting approach
Determining needs
Cross-examined
Stop showing additional merchandise
31. 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
$58.83
Question
Water
The customers
32. What is the most likely distribution channel for manufacturer of laundry products - candy - and flowers desined for consumers use?
Maturity
Diversion-in-transit
Manufacturer to wholesaler to retailer to consumer
Realistic
33. 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
Newspaper
Production planning
Illustration sight lines lead the reader to the copy
34. What is the most temporary of the psychological pricing techniques?
Discount pricing
Departure
Promotional
The customers
35. How should a salesperson greet a customer in Japan?
Illustration sight lines lead the reader to the copy
Shake hands firmly and bow
$13.50
Encourage the customer to make a purchase
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?
Rack jobber
Sherman Antitrust Act
Greeting approach
Production planning
37. According to Marketing Essentials - how does a customer feel when you ask several questions in a row?
Promotional
Determining needs
Cross-examined
Three
38. 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?
UPC code
Indirect
Limited
Limited
39. What is the law which prohibits companies from engaging in price fixing?
$3 -548.16
By placing the money on the cash drawer ledge
Sherman Antitrust Act
Determining needs
40. What type of transportation is convenient and helps reduce both packaging and inventory costs?
Encourage the customer to make a purchase
Offering related merchandise
Proportion
Trucking
41. 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
Related merchandise dislpay
Seasonal discount
Limited
Extended product feature
42. What is a special price discount that is given as an incentive to wholesalers and retailers?
The accuracy of the mailing list
Buying allowance
Production planning
Directory
43. Arabesque Danceware store had $67 -500 in sales during January and its BOM stock inventory was $135000. What was its stock-to-sales ratio?
2
Ignore the interruption
The salesperson's prior relationship with the customer
Blind check method
44. What is the purpose of an illustration in an ad?
The width of the store's aisles
Three
Encourage the customer to make a purchase
Sales revenue
45. The business often has the least control over which type of promotion?
Realistic
Publicity
Employee relations
Illustration sight lines lead the reader to the copy
46. When used in headlines - what words attract most readers' attention?
Buying allowance
Realistic
Limited
Now - free - new
47. What type of transportation accounts for the smallest percentage of total ton-miles of freight shipped?
Air
To transact purchase orders between businesses
Coins in front - bills in back - $2 bills places under $1 bills
$58.83
48. When are the customers' needs usually determined in a business-to-business sales situation?
Supervisors
Need
During the preapproach
Question
49. 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?
Supervisors
Encourage the customer to make a purchase
Formal training
Encourage the customer to make a purchase
50. In which situation is using the latest jargon acceptable?
To transact purchase orders between businesses
Familiar saying with a twist
Beds and dressers to hotel managers
Seasonal discount