Exam 3: Understanding Buyers

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If buyers mistakenly believe that a competitor's offering has higher level attributes or qualities than it actually does,salespeople should avoid using competitive depositioning.

(True/False)
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If a buyer mistakenly believes that a competitor's offering has higher level attributes or qualities than it actually does,the salesperson should attempt to:​

(Multiple Choice)
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Business-to-business e-commerce is rapidly growing.Nearly all the current growth has been in electronic data interchange over private networks.

(True/False)
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While selling to amiables,salespeople should adopt a _____ type of communication style.​

(Multiple Choice)
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The business market includes:​

(Multiple Choice)
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In the context of purchasing decisions,the financial risk associated with a purchase is highest in _________.​

(Short Answer)
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Identify one of the strategies used to plan,create,and deliver an effective presentation.​

(Multiple Choice)
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Sarah recently bought a bicycle.After a few days of cycling,she realized that she needs a basket attached to the bicycle in which she could keep her bag and other articles while cycling.Sarah's need of a basket is a _____.​

(Multiple Choice)
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The final phase in the buying process is the _________.

(Short Answer)
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Jamie is a salesperson making a sales proposal to a potential customer.During the presentation,she learns that some of the attributes of her product offering will not be able to maximize the buyer's evaluation score when compared to a competitor's offering.Which the following is probably the best strategy for Jamie to follow?​

(Multiple Choice)
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Allied Co.,a technological firm,requires new data servers.Based on the specifications provided by its engineers,Allied Co.has acquired tenders-from several different companies-for the required number of servers.Now,the company should begin:​

(Multiple Choice)
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_________ are forms developed by firms and distributed to qualified potential suppliers that help suppliers develop and submit proposals to provide products as specified by a firm.

(Short Answer)
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Jason,a salesperson for Green Tools,proposed a sale of solar panels to Timothy Energy Solutions.Timothy Energy Solutions was not willing to get into business with Green Tools,however,because its manager believed that their solar panels were inferior to the ones supplied by Timothy Energy Solutions' conventional suppliers.Jason presented the findings of a certified research body that compared the various solar panels that are offered by different companies.It was evident from the findings that Green Tools' solar panels were superior to those of other companies.This eventually led Timothy Energy Solutions to buy solar panels from Green Tools.Which of the following strategies was used by Jason to procure the business?​

(Multiple Choice)
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In the context of purchasing decisions,a(n)_________ encounters the lowest number of buying influences.

(Short Answer)
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If a buyer is evaluating a sales offering on its ability to meet standards,the buyer is assessing the sales offering on the basis of a _____.​

(Multiple Choice)
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In the context of types of buyers,the _________ consists of firms,institutions,and governments.

(Short Answer)
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The multiattribute model for evaluating solution alternatives utilizes exponential moving averages.

(True/False)
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Due to an increase in the usage of information technology in the buying process:​

(Multiple Choice)
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​In modified rebuy decisions,the buyer has no past experience in purchasing a product.

(True/False)
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Reductions in the size of the customer base and increased usage of supply chain management have led to:​

(Multiple Choice)
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