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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. When are the customers' needs usually determined in a business-to-business sales situation?
During the preapproach
Purchase order
Familiar saying with a twist
$3 -548.16
2. What is a special price discount that is given as an incentive to wholesalers and retailers?
$50.04
Buying allowance
Determine what percentage of the retail price is equal to cost
The salesperson's prior relationship with the customer
3. During a presentation - What is the maximum number of items a salesperson should show a customer at one time?
Three
Direct check
Maturity
Sherman Antitrust Act
4. How should a salesperson greet a customer in Japan?
Manufacturer to wholesaler to retailer to consumer
Limited
24 percent
Shake hands firmly and bow
5. 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
Realistic
Determining needs
Proportion
Familiar saying with a twist
6. The sales close that should be used infrequently because it can be viewed by the customer as a pressure tactic is the...
Standing room only close
Discount pricing
Sales revenue
Supervisors
7. What is loss-leader pricing a part of?
$50.04
Indirect
The customers
Psychological pricing
8. What is the purpose of an illustration in an ad?
Encourage the customer to make a purchase
Standing room only close
Curved
Proportion
9. 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.
Consumers will buy only a limited amount of a product no matter how low its price
Shake hands firmly and bow
Related merchandise dislpay
$58.83
10. 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?
Determining needs
$13.50
Newspaper
Buying allowance
11. Materials requirement planning is part of what overall business activity?
Psychological pricing
24 percent
Production planning
Supervisors
12. In which type of print medium is an advertisement's life the shortest?
Newspaper
Beds and dressers to hotel managers
Employee relations
Familiar saying with a twist
13. When used in headlines - what words attract most readers' attention?
Now - free - new
Related merchandise dislpay
Integrated
UPC code
14. How can you - as a salesperson - best avoid disagreements with a customer about the amount of money the customer gave you as payment?
Realistic
Research service
$790.50
By placing the money on the cash drawer ledge
15. 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?
Determine what percentage of the retail price is equal to cost
UPC code
Cold canvassing
Coins in front - bills in back - $2 bills places under $1 bills
16. In which type of print medium is an advertisement's life the shortest?
Proportion
Newspaper
Consumers will buy only a limited amount of a product no matter how low its price
Incentives
17. 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
Creativity
Newspaper
Ignore the interruption
Offering related merchandise
18. 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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19. 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?
Rack jobber
Seasonal discount
UPC code
Top Management
20. Arabesque Danceware store had $67 -500 in sales during January and its BOM stock inventory was $135000. What was its stock-to-sales ratio?
Diversion-in-transit
The width of the store's aisles
Shake hands firmly and bow
2
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
Sales promotion
Pipeline
Departure
22. When are the customers' needs usually determined in a business-to-business sales situation?
During the preapproach
$58.83
Greeting approach
Three
23. What is a typical cash register arrangement?
Sherman Antitrust Act
Straight-rebury
Coins in front - bills in back - $2 bills places under $1 bills
Ignore the interruption
24. 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
24 percent
Directory
Employee relations
Creativity
25. What should the salesperson do when a customer is having difficulty making a buying decision?
Consumers will buy only a limited amount of a product no matter how low its price
Stop showing additional merchandise
Buying allowance
Top Management
26. 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.
24 percent
The salesperson's prior relationship with the customer
Illustration sight lines lead the reader to the copy
Cross-examined
27. What should the salesperson do when a customer is having difficulty making a buying decision?
Shake hands firmly and bow
Stop showing additional merchandise
$3 -548.16
Indirect
28. Price x Quantity Sold = what?
Sales revenue
$13.50
Limited
During the preapproach
29. 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
Manufacturer hires agent who represents him or her in selling to industrial user
Illustration sight lines lead the reader to the copy
Indirect
30. On what figure are all other sales projection figures in a merchandise plan based?
Determining needs
Air
Planned sales
During the preapproach
31. On what figure are all other sales projection figures in a merchandise plan based?
Indirect
Greeting approach
Planned sales
2
32. 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
During the preapproach
Question
Beds and dressers to hotel managers
33. What type of transportation is convenient and helps reduce both packaging and inventory costs?
Manufacturer to wholesaler to retailer to consumer
The accuracy of the mailing list
Three
Trucking
34. What is the law which prohibits companies from engaging in price fixing?
Sherman Antitrust Act
The customers
Greeting approach
Acknowledge
35. According to Marketing Essentials - how does a customer feel when you ask several questions in a row?
Air
Cross-examined
Promotional
Stock shortage
36. What is the most likely distribution channel for manufacturer of laundry products - candy - and flowers desined for consumers use?
24 percent
Newspaper
Planned sales
Manufacturer to wholesaler to retailer to consumer
37. What is the transportation system with the best safety record?
Beds and dressers to hotel managers
Now - free - new
Diversion-in-transit
Pipeline
38. 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
Air
Integrated
Diversion-in-transit
Determine what percentage of the retail price is equal to cost
39. The business often has the least control over which type of promotion?
Buying allowance
Publicity
Departure
Purchase order
40. 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
To transact purchase orders between businesses
Employee relations
The salesperson's prior relationship with the customer
41. What does the law of diminishing marginal utility state?
Directory
Sales promotion
Consumers will buy only a limited amount of a product no matter how low its price
Incentives
42. 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?
Direct check
Coins in front - bills in back - $2 bills places under $1 bills
Proportion
Formal training
43. Which printed media is found in 98 percent of American homes?
Directory
Consumers will buy only a limited amount of a product no matter how low its price
Newspapers circulation is documented and verifiable
Seasonal discount
44. 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?
Cold canvassing
Indirect
Water
Question
45. 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
Proportion
Directory
Three
Diversion-in-transit
46. What is the least expensive means of product transportation?
Cross-examined
Creativity
Water
$50.04
47. Price x Quantity Sold = what?
Water
Familiar saying with a twist
Water
Sales revenue
48. In which situation is using the latest jargon acceptable?
Discount pricing
$3 -548.16
$13.50
Beds and dressers to hotel managers
49. 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?
Proportion
Indirect
$13.50
Blind check method
50. 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
Creativity
Pipeline
Manufacturer hires agent who represents him or her in selling to industrial user
$50.04