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Marketing Skills Exam

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?






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






3. What is one characteristic of advertising?






4. What should the salesperson do when a customer is having difficulty making a buying decision?






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






6. In which step of the sale should you learn what the retail customer is looking for in a good or service?






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?






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






9. Who are those who assign work duties and supervise employees?






10. What is the most likely distribution channel for manufacturer of laundry products - candy - and flowers desined for consumers use?






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






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






13. What is the contract term 3/10 net 30 extra 60 an example of?






14. What is the most temporary of the psychological pricing techniques?






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?






16. What is a typical cash register arrangement?






17. The sales close that should be used infrequently because it can be viewed by the customer as a pressure tactic is the...






18. What industry was adversely affected by price wars?






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?






20. What do many store use to mark the price on a dress or suit?






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?






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?






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






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.






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






26. During what stage of selling should you educate a customer about the special care or special instructions an item requires?






27. In which situation is using the latest jargon acceptable?






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?






29. What is the transportation system with the best safety record?






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?






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?






32. What is electronic data interchange used for?






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?






34. What is loss-leader pricing a part of?






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






36. Who are those who assign work duties and supervise employees?






37. What is the checking method that is susceptible to errors if receivers do not physically count the total number of items in shipment?






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?






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






41. In which type of print medium is an advertisement's life the shortest?






42. During a presentation - What is the maximum number of items a salesperson should show a customer at one time?






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






44. During what stage of selling should you educate a customer about the special care or special instructions an item requires?






45. When are the customers' needs usually determined in a business-to-business sales situation?






46. What is the most temporary of the psychological pricing techniques?






47. What does the law of diminishing marginal utility state?






48. Price x Quantity Sold = what?






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.






50. In which step of the sale should you learn what the retail customer is looking for in a good or service?







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