Exam 2: Evolution of Selling Models That Compliment the Marketing Concept

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Value-added selling can be defined as a series of creative improvements within the sales process that enhance the customer experience.

(True/False)
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A company has developed a calendar/messaging/paperwork center that helps working mothers organize their families' schedules and paperwork.All the mothers who have tried it have loved it,and it is priced comparably to normal planners,although it offers much more. -Company management is having a difficult time deciding whether to allot more money to a marketing campaign involving ad buys and promotional events,or to a staff of sales representatives to sell the organizers.What factor should they consider in allotting the budget?

(Multiple Choice)
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Typical salespeople spend about 30 percent of their time in actual face-to-face selling situations.

(True/False)
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Achieving a marketplace advantage by teaming up with another company whose products or services fit well with your own is referred to as a:

(Multiple Choice)
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A partnership is beneficial for both parties because the successive sales are:

(Multiple Choice)
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Consultative-style selling,which emerged in the late 1960s and early 1970s,is an extension of the marketing concept.

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CRM software is used to manage information about:

(Multiple Choice)
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The ultimate goal of the "marketing concept" is:

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E-commerce has contributed to the decline in popularity of transactional selling.

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When a marketer decides to adopt partnering,emphasis will most likely be placed on:

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Which of the following statements accurately describes value-added selling?

(Multiple Choice)
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The presentation strategy includes a reminder that outstanding service should be the overriding theme of every sales presentation.

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The highest form of partnering is the:

(Multiple Choice)
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________ evolved because of broader and more diverse product lines,demand for specific customized solutions,and more competition.

(Short Answer)
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A well-thought-out plan for establishing,building,and maintaining quality relationships is a:

(Multiple Choice)
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Preparing objectives for the sales demonstration and a plan to reach those objectives is the:

(Multiple Choice)
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The evolution of strategic selling can most likely be traced to:

(Multiple Choice)
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Business firms vary in terms of how strongly they support the marketing concept.

(True/False)
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Peter Drucker stated that "the ________ defines the business."

(Short Answer)
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One broad strategic area of the Strategic/Consultative Selling Model is:

(Multiple Choice)
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