Exam 1: Introduction to Relationship Selling

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Which of the following is one of the customer selling mistakes to avoid?

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B

The idea that customers provide long-term rewards to a sales organization is called the:

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B

At least one major company rewards their sales staff based on the percentage of sales of the company's new products.This compensation strategy will influence salesperson:

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C

One reason firms monitor world weather conditions is to assess how changes in weather affect the firm's _____________ environment.

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Customers don't appreciate the "salesperson as a _________" explanation when something goes wrong.

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Why is value a central theme in relationship selling?

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The practice of giving your customers many reasons not to switch to competitors is known as:

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Because she has considerable autonomy,Marla will have to decide:

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Companies try to influence their ___________ through political lobbying and public relations campaigns.

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The net bundle of benefits customers derive from the product you are selling is called the:

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How can effective follow-up support relationship selling?

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The net bundle of benefits the customer derives from a product being sold represents the "value" to the customer.

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Part of successful selling involves understanding and support from the firm's internal environment.What are the components of a firm's internal environment?

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Tara sells customized software.She often spends considerable time and effort listening to customers and learning about their problems.Tara is involved in _________ selling.

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Diana works hard to maintain relationships with her customers.She knows ___________ is critical in this area of relationship selling.

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The focus of much selling today is on securing,building,and maintaining short-term relationships with unprofitable customers.

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While using and managing a firm's internal environment can totally consume a manager's time and effort,changes in the firm's external environment can create opportunities and/or roadblocks.What are the five components of a firm's external environment they need to monitor?

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While transactional selling works to reduce __________,relationship selling works to add ______.

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Changes in communication systems allowing 24-hour per day ordering for customers around the world would be assessed as part of a firm's __________ environment.

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In selling,ethical dilemmas typically occur between sales people and:

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