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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 the difference between recorded sales and inventory based on a physical count?
Consumers will buy only a limited amount of a product no matter how low its price
Cross-examined
Newspaper
Stock shortage
2. 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
Shake hands firmly and bow
Familiar saying with a twist
Question
Consumers will buy only a limited amount of a product no matter how low its price
3. 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
Promotional
It always identifies the name of the business of individual that paid for it
Cross-examined
4. What type of transportation is convenient and helps reduce both packaging and inventory costs?
Standing room only close
The accuracy of the mailing list
Extended product feature
Trucking
5. What type of transportation accounts for the smallest percentage of total ton-miles of freight shipped?
Loyalty
Supervisors
Air
UPC code
6. What is the one visual merchandising element that influences customer behavior more directly than any other?
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7. 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
Rack jobber
$3 -548.16
Newspaper
Employee relations
8. In which situation is using the latest jargon acceptable?
Beds and dressers to hotel managers
Acknowledge
Determining needs
Diversion-in-transit
9. What is the least expensive means of product transportation?
Water
The accuracy of the mailing list
Manufacturer to wholesaler to retailer to consumer
Sales revenue
10. Price x Quantity Sold = what?
Coins in front - bills in back - $2 bills places under $1 bills
24 percent
Sales revenue
The home scanner industry
11. What is the law which prohibits companies from engaging in price fixing?
Buying allowance
Sherman Antitrust Act
Air
Departure
12. What does the law of diminishing marginal utility state?
Incentives
Supervisors
Determining needs
Consumers will buy only a limited amount of a product no matter how low its price
13. Which printed media is found in 98 percent of American homes?
Determining needs
Directory
Supervisors
Departure
14. How does most price planning begin?
Manufacturer to wholesaler to retailer to consumer
Offering related merchandise
Cost and expense analysis
Maturity
15. 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
Related merchandise dislpay
Sales revenue
Incentives
Limited
16. 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
Integrated
Research service
Determining needs
Realistic
17. 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
Sales revenue
Incentives
2
Illustration sight lines lead the reader to the copy
18. In what product lifecycle state is a product in when a product in when a product's marketers are looking for new market segments?
Research service
Determine what percentage of the retail price is equal to cost
Maturity
Offering related merchandise
19. The business often has the least control over which type of promotion?
By placing the money on the cash drawer ledge
Psychological pricing
Publicity
Proportion
20. How can you - as a salesperson - best avoid disagreements with a customer about the amount of money the customer gave you as payment?
$3 -548.16
By placing the money on the cash drawer ledge
Curved
2
21. 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.
$58.83
Beds and dressers to hotel managers
Determining needs
Trucking
22. 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?
The salesperson's prior relationship with the customer
The width of the store's aisles
Rack jobber
Integrated
23. What should the salesperson do when a customer is having difficulty making a buying decision?
Stop showing additional merchandise
Consumers will buy only a limited amount of a product no matter how low its price
Departure
UPC code
24. 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
$790.50
Shake hands firmly and bow
The home scanner industry
Manufacturer hires agent who represents him or her in selling to industrial user
25. What do many store use to mark the price on a dress or suit?
Top Management
UPC code
By placing the money on the cash drawer ledge
Formal training
26. 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?
Realistic
Research service
Formal training
Limited
27. 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
Direct check
Water
Loyalty
28. 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
Shake hands firmly and bow
Sales promotion
Illustration sight lines lead the reader to the copy
UPC code
29. 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
Discount pricing
Diversion-in-transit
Integrated
Maturity
30. In what product lifecycle state is a product in when a product in when a product's marketers are looking for new market segments?
Ignore the interruption
Maturity
Trucking
Psychological pricing
31. 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
Supervisors
Straight-rebury
Blind check method
32. 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.
Trucking
$58.83
Straight-rebury
The accuracy of the mailing list
33. What is the contract term 3/10 net 30 extra 60 an example of?
Water
Manufacturer to wholesaler to retailer to consumer
Research service
Discount pricing
34. What should you do when a customer interrupts you with a question while you are making change?
Production planning
$3 -548.16
Ignore the interruption
Encourage the customer to make a purchase
35. 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?
Realistic
Need
Acknowledge
Cost and expense analysis
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?
Illustration sight lines lead the reader to the copy
Standing room only close
Greeting approach
Planned sales
37. What is the checking method that is susceptible to errors if receivers do not physically count the total number of items in shipment?
Realistic
Consumers will buy only a limited amount of a product no matter how low its price
Direct check
Stop showing additional merchandise
38. A company's commitment to maintaining a good health and benefits package for its workers will directly affect its
Departure
Production planning
Purchase order
Employee relations
39. Arabesque Danceware store had $67 -500 in sales during January and its BOM stock inventory was $135000. What was its stock-to-sales ratio?
Promotional
It always identifies the name of the business of individual that paid for it
Shake hands firmly and bow
2
40. On what figure are all other sales projection figures in a merchandise plan based?
By placing the money on the cash drawer ledge
Planned sales
Cost and expense analysis
Seasonal discount
41. In which step of the sale should you learn what the retail customer is looking for in a good or service?
Determining needs
Directory
Air
Directory
42. 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
During the preapproach
Formal training
Newspapers circulation is documented and verifiable
Proportion
43. What is the one visual merchandising element that influences customer behavior more directly than any other?
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44. What do many store use to mark the price on a dress or suit?
2
Proportion
UPC code
Extended product feature
45. What is the source of direction for the company in horizontally organized companies
The customers
Departure
Cross-examined
Indirect
46. 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
Manufacturer to wholesaler to retailer to consumer
During the preapproach
Offering related merchandise
Top Management
47. What type of transportation accounts for the smallest percentage of total ton-miles of freight shipped?
Newspaper
Production planning
Consumers will buy only a limited amount of a product no matter how low its price
Air
48. 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?
By placing the money on the cash drawer ledge
Greeting approach
Realistic
Directory
49. What should the salesperson do when a customer is having difficulty making a buying decision?
Stop showing additional merchandise
The home scanner industry
During the preapproach
Pipeline
50. 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
Realistic
UPC code
Manufacturer to wholesaler to retailer to consumer