Bus135

Which of thefollowing statements regarding organizational buying situations is true?
There are no similarities in thetypes of buying situations facing differetn accounts
Buyers facing new task buying situations will typically use a lengthy process to collect and evaluate purchase info
Selling organizations can use same sales strategies for each type of buying situation
In a mideified rebuy, the buyer has not previously bought the product, but has used similar products
According to the trust based relationship selling framework, discovering prospects needs is a part of which component?
Selling foundations`
Selling strategy based on cutomer needs and values
Intiating customer relationships
Developing customer relationships.
To be considered strategic, an account must be
Complex, small
Profitable, large
Large, complex
High in volume, high in total sales
Which of the following decisions can be regarded as a starting point in a comprehensive salesforce deployment
Deciding how many salespeople are required
Deciding territoires
Deciding how much effort is needed to cover accounts and prospects so objectives ar achieved
Deciding how to ptovide each salesperson with a reasonable opportunity for success.
Which of the following statements pertaining to the stimulus response form of selling is true
Buyer takes dominant role`
Cannot be used without presentation
Must be conducted in person
Key selling poinbts can be sequenced in a logical order and likely questions can be addressed`
All of the following are characterisitics of personal selling except
Pay is good
Salespeople work independently
Offers little job variety
Helps prepare for mangement
In simplest type of sales organizational structure, the following situation would exist
Each salesperson is responsible for selling one particular product
Each sales manager only manages a few accounts
One sales manger concentrates on training and another concentrates on plannning
Each salesperson is responsible for selling all the company products to all types of accounts
Ensuring that salespeople know the ethical and legal framework for their markets is a response to which issue
Complexity issues
Adaptability issues
Accountability issues
Commitment issues
Which of the following statements concerning the allocation of sales effort to accounts is false?
It is one of the most important deployment decisions
Territories are always assigned an equal number of sales calls
Selling effort is a determinant of account sales and of account selling costs
Salesforce size and territory decisions are based on this allocation decision
Competitive position is defined as
Strength of relationship of firm and account
Number of competitors for account
Strength of relationship between account and each competing firm
Measure of competitive strength of firm in that area
Productivity is defined as
Ratio between outputs and inputs
Number of sales people
Ratio of selling effort to salespeople
Ratio of accounts to salespeopel
What percentage is lost in productivity
10%
20%
Territory is
Geographical area in which a company has not prospected for accounts
Amount of area that one sales person can cover effectively
Assignment of specific accounts to a specific person
Geographical area the salesperson lives
All of the following are consequences of ineffective territory design except
Firm could lose opportunities because of a lack of selling attention`
Salesperson may not be motivated to seek new accounts and merely skim for good ones
All salespeople have equal opportunities for profits
`too much sales effort being expended where the opportunities do not exist
Profit maximization
Total possible sales effort is achieved
Marginal costs of adding a sales person equal marginal cost of profit generated by them
Marginal profits ofa salesperson are maximized by terrirtory
Optimal account to rep ratio is set
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