Exam 16: Managing Within Your Company

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Jorge's sales manager has told him that he will be given a $100 bonus if he can reduce his expenses by 5 percent during the next quarter. Jorge sells promotional products like mugs and calendars to companies to give to customers as a part of reminder advertising. What potential effect does this bonus have on Jorge's sales for the quarter?

(Multiple Choice)
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A telemarketer who is an account manager has the same responsibilities and duties as a field salesperson, except that all business is conducted over the phone.

(True/False)
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An amount of money paid to a salesperson at regular intervals regardless of his or her performance is called their:

(Multiple Choice)
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What are the seven principles of selling internally?

(Essay)
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What is the easiest method for evaluating sales performance?

(Short Answer)
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In the opening profile what is the task Lillie Sanchez has seen most salespeople fail?

(Short Answer)
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The two most common types of incentives given to salespeople are:

(Multiple Choice)
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Of the different types of telemarketing salespeople, which type is classified as an in-bound salesperson?

(Short Answer)
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Norma will receive an incentive payment of $150 if she adds 5 new customers to her account list this month. The $150 payment is an example of a:

(Multiple Choice)
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Ryan is part of a team that calls on their counterparts in a buying organization. He is part of a multilevel selling team.

(True/False)
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Lee, the sales rep for GE CT scan systems, is required to call on 4 hospitals per month. What type of quota does Lee have?

(Short Answer)
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The commission ___, which determines the amount a salesperson is paid, is expressed as a percentage of the base.

(Multiple Choice)
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The portion of a sales rep's compensation that is based on his or her performance is called:

(Multiple Choice)
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_____ are more important in situations where the sales cycle is long and sales are few because what a salesperson does can be observed more frequently than sales.

(Multiple Choice)
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What does it mean to sell internally?

(Essay)
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As a new salesperson, Marc will be working on commission. Even though he has yet to make his first sales call, he has already been paid $300. How would you categorize this $300 payment?

(Short Answer)
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House account are handled by a sales or marketing executive in addition to their regular duties.

(True/False)
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With the growth in worldwide communications capabilities, statistics like those used to forecast sales in the U.S. are now available in most of the world's nations.

(True/False)
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Chris receives $520 per week gross pay in his sales job at the Ford dealership. The amount never changes even though some weeks he sells 5 or more vehicles and in other weeks he may sell none. As long as he works his 40 hours, Chris gets his $520. Chris is paid:

(Multiple Choice)
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An ethics review board:

(Multiple Choice)
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