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Test your basic knowledge |
Personal Selling
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. 1) straight line route pattern 2) cloverleaf pattern 3) circular route pattern 4) leapfrog pattern 5) major city pattern
Different types of Routing plans
direct denial
sales presentations
zone price
2. Power that stems from the authority to punish or recommend punishment
coercive power
benefits
cumulative quantity discounts
methods for handling resistance
3. Certainty - uncertainty - significance - connection and love - needs of spirit
importance of followup and customer retention
organized presentation
methods for handling resistance
The human needs
4. A flexible planning tool that assists the salesperson in assembling pertinent information to be covered with the prospect.
components of a sales proposal
sales presentations
components in the sales Dialogue Template
sales dialogue template
5. Introductory approach - product approach - benefit approach - question approach - referral approach - compliment approach - survey approach
canned presentation
ways to approach a prospect
Markup
Steps in the Selling Process
6. Listen - Acknowledge - Assess - Respond - Confirm
cloverleaf pattern
leapfrog pattern
handling objections(LAARC)
Different types of Routing plans
7. Providing useful information - Expediting orders and monitoring installation - Training customer personnel - Correcting billing errors - Remembering the customer after the sale - Resolving complaints
methods for handling resistance
Relationship enhancement activities
handling objections(LAARC)
Importance of managing expectations
8. Discounts the customer receives for buying a certain amount of products over a stated period
types of sales presentations
cumulative quantity discounts
trade discounts
The dimensions of motivation
9. One time reduction in prices commonly used in both consumer and industrial goods
SPES sequence for presenting sales aids
leapfrog pattern
non-cumulative quantity discounts
list price
10. Territory routing plan in which the salesperson works a different part of the territory and travels in a circular loop back to the starting point.(concentrated in clusters - in different locations)
cloverleaf pattern
relationship enhancers
mental steps in buying
Relationship Detractors
11. Respond to the objection by telling the prospect s/he is wrong
Relationship enhancement activities
direct denial
Sequence of the Sales Presentation
customer value proposition
12. Means the buyer pays transportation charges on the goods--- the title passes to the customer when the goods are loaded on the shipping vehicles
cloverleaf pattern
FOB (free on board)
sales presentations
Different types of prices
13. Focus on short-term - Over Promise-Under Deliver - Call Sporadically - Show Up for Another Order - Can Never Reach Salesperson - Lie - Exaggerate - Blame Someone else
ways to approach a prospect
list price
Relationship Detractors
The dimensions of motivation
14. Listen carefully - ask the customer what s/he would like you to do - negotiate an agreeable solution
sequential Components of Effective Followup
steps to resolving complaints
zone price
handling objections(LAARC)
15. Intensity - Persistence - Direction
Determine Markup based on cost (% Markup based on cost)
The dimensions of motivation
reward power
net profit
16. 1. attention 2. interest 3. desire4. conviction 5. purchase
organized presentation
sales presentations
components of a sales proposal
mental steps in buying
17. The process of first deciding what is to be accomplished and then placing into motion the proper plan designed to achieve those objectives
Different types of Routing plans
indirect denial
Self-Leadership
canned presentation
18. 1. Setting Goals and Objectives tory Analysis and Account Classification 3. Development and Implementation of Strategies/Plans 4. Tapping Technology and Automation 5. Assessment and Evaluation
zone price
reward power
Sequential Stages of Self-Leadership
components of a commitment
19. Routing plan in which - beginning in one cluster - the salesperson works each of the accounts at that location and then jumps to the next cluster.(widely dispersed)
Characteristics of effective sales goals
customer value proposition
cloverleaf pattern
leapfrog pattern
20. Introduce the source of the objection before the prospect brings it up
SPES sequence for presenting sales aids
consumer discount
confirmed benefits
Forestall
21. Single-factor analysis - portfolio analysis
non-cumulative quantity discounts
benefits
Different types of account classifications
Determine Markup based on cost (% Markup based on cost)
22. Earned when buyers pay their bill within a stated period
Different types of Routing plans
cash discounts
Relationship enhancement activities
sales call
23. Price after allowance for all discounts
Relationship Detractors
net price
handling objections(LAARC)
Characteristics of effective sales goals
24. ABC analysis the simplest and most often used method for classifying accounts. Accounts are categorized on the basis of a single factor and placed into three or four categories
zone price
net price
canned presentation
Single-factor analysis
25. State the selling point and introduce the aid - present the aid - explain the aid - summarize sales aid
written proposal
SPES sequence for presenting sales aids
Markup
Importance of managing expectations
26. Power that stems from a formal management position in an organization and the authority granted to it
legitimate power
Different types of Routing plans
circular route pattern
Markup
27. Business conversations between buyers and sellers that occur as salespeople attempt to initiate - develop - and enhance customer relationships. Sales dialogue should be customer-focused and have a clear purpose.
sales dialogue
written proposal
gross profit
Sequence of the Sales Presentation
28. Executive summary - situation analysis - needs benefits analysis - company description - pricing and sales agreement - suggested action and timetable
expert power
confirmed benefits
components of a sales proposal
Characteristics of effective sales goals
29. (amount added to cost/selling price)
confirmed benefits
sales dialogue
Determine Markup based on price (% markup on price)
proxemics
30. Use the opinion or data from a third party source to help overcome the objection and reinforce the salesperson's points
relationship enhancers
importance of followup and customer retention
third party reinforcement
cumulative quantity discounts
31. Prospect information - customer proposition - sales call objective - situation and needs analysis - competitive situation - beginning sales dialogue - anticipate questions & objections - earn prospect commitment - building value through follow-up a
written proposal
components in the sales Dialogue Template
Self-Leadership
Levels of sales goal
32. Dollar amount added to the product cost to determine its selling price
relationship enhancers
mental steps in buying
Markup
direct denial
33. Counterbalance the objection with an offsetting benefit question: ask the buyer assessment questions to gain a better understanding of the source of the objection
needs of the prospect
ways to approach a prospect
compensation
types of sales presentations
34. Realistic - yet challenging - specific and quantifiable - Time specific
Characteristics of effective sales goals
coercive power
components in the sales Dialogue Template
straight line route pattern
35. List price - net price - zone price - FOB shipping point - FOB destination
Different types of prices
Determine Markup based on cost (% Markup based on cost)
customer value proposition
relationship enhancers
36. Questions salespeople use throughout a sales dialogue to generate feedback from the buyer
legitimate power
ways to approach a prospect
check back or response check
Portfolio Analysis
37. A quality or characteristic of a product or service that is designed to provide value to a buyer
different types of objections
sequential Components of Effective Followup
features
proxemics
38. Power that results from characteristics that command subordinates' identification with - respect and admiration for - and desire to emulate the leader
benefits
referent power
indirect denial
Different types of Routing plans
39. The personal distance that individuals prefer to keep between themselves and other individuals and is an important element of nonverbal communication
written proposal
third party reinforcement
check back or response check
proxemics
40. Territory routing plan in which the salesperson begins at the office and moves in an expanding pattern of concentric circles that spiral across the territory. (evenly distributed)
Steps in the Selling Process
relationship enhancers
circular route pattern
Sources of power
41. A statement of how the sales offering will add value to the prospect's business by meeting a need or providing an opportunity.
leapfrog pattern
check back or response check
customer value proposition
Resolving Complaints
42. Memorized selling: structured - need satisfaction selling: Unstructured - problem solution selling: customized - Formula Selling: Semi-structured
Relationship Detractors
canned presentation
major city pattern
types of sales presentations
43. Price based on geographical location or zone of customers
components of a sales proposal
Portfolio Analysis
benefits
zone price
44. A territory routing plan used when the territory is composed of a major metropolitan area and the territory is split into a series of geometric shapes reflecting each ones concentration and pattern of accounts
expert power
Sequence of the Sales Presentation
ways to approach a prospect
major city pattern
45. Comprehensive communications that convey multiple points designed to persuade the customer to make a purchase.
Relationship enhancement activities
cumulative quantity discounts
Sequence of the Sales Presentation
sales presentations
46. Money available to cover the costs of marketing - operating the business - and profit.
net profit
straight line route pattern
importance of followup and customer retention
gross profit
47. An appointment - agreement for next meeting - agreement for product demo - a sale
net price
components of a commitment
circular route pattern
Self-Leadership
48. Focus on longterm - deliver more than promised - call regularly - add value - keep communications lines open - Take responsibility for Problems
Relationship Detractors
Forestall
relationship enhancers
net profit
49. An in-person meeting between a salesperson or sales team and one or more buyers to discuss business.
list price
sales call
components of a sales proposal
Determine Markup based on price (% markup on price)
50. Power that results from the authority to bestow rewards on other people
circular route pattern
reward power
ways to approach a prospect
benefits