Exam 1: Overview of Personal Selling

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The primary focus of trust-based relationships selling is the salesperson and the selling firm.

(True/False)
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AIDA is an acronym that stands for attention, interest, desire, and ____________.

(Short Answer)
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The new generation of salespeople will face demands from sophisticated buyers, economic uncertainties, and new technologies.

(True/False)
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The three roles played in consultative selling include strategic orchestrator, business consultant, and ___________________.

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Ultimately, customer value is determined by the customer.

(True/False)
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Transaction-focused selling and trust-based selling require similar skill sets.

(True/False)
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____________ relies heavily on interpersonal interactions between buyers and Sellers to initiate, develop, and enhance customer relationships.

(Short Answer)
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The mental-states, or formula approach, to personal selling assumes that buyers must be led through four mental states, which occur in this order:

(Multiple Choice)
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A canned sales presentation can be described as

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Careful listening is required when using the mental-states selling approach to determine which stage the buyer is in at a given point in time.

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While accountants and financial staff are concerned with profitability in ____ terms, salespeople are primarily concerned with profitability in ____ terms.

(Multiple Choice)
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Kevin is a salesperson who relies heavily on trust building. The stylus selling is known as?

(Multiple Choice)
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Which of the following is most accurate with respect to post sale follow-up?

(Multiple Choice)
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Stimulus-response selling is most effective in situations involving important purchase decisions and when time is not critical.

(True/False)
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In consultative selling, salespeople fulfill three primary roles: strategic orchestrator, business consultant, and order-taker.

(True/False)
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The primary focus of transaction-focused selling is the ________________________.

(Multiple Choice)
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All of the following statements accurately reflect factors that pertain to need-satisfaction selling except?

(Multiple Choice)
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The series of conversations between buyers and Sellers that take place over time in an attempt to build relationships is referred to as _____________.

(Multiple Choice)
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The most important part of the salesperson's job is:

(Multiple Choice)
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Salespeople have contributed to the economic growth of the United States in two basic ways:

(Multiple Choice)
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