100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Summary

Summary professional selling because everyone is a salesperson test bank

Rating
-
Sold
-
Pages
32
Uploaded on
25-04-2024
Written in
2023/2024

Full download please contact u84757(at)protonmail(dot)com or qidiantiku(dot)com

Institution
Course











Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Course

Document information

Uploaded on
April 25, 2024
Number of pages
32
Written in
2023/2024
Type
Summary

Subjects

Content preview

1. Award: 10.00 points

Full download please contact or qidiantiku.com


Relationship selling is the two-way flow of communication between a buyer and a seller, paid for by
the seller and seeking to influence the buyer’s purchase decisions.


 True

 False




Personal selling is characterized by bidirectional, seller-paid communication aimed at influencing
purchase decisions, not relationship selling.


References

True / False Difficulty: 1 Easy Learning Objective: 1-1 Describe the
importance, challenges, and unique
advantages of personal selling.



2. Award: 10.00 points



The promotion mix consists of four main elements of marketing communication: advertising, sales
promotion, personal selling, and public relations.


 True

 False




Personal selling is part of the promotion mix along with sales promotion, advertising, and public
relations.


References

True / False Difficulty: 1 Easy Learning Objective: 1-1 Describe the
importance, challenges, and unique
advantages of personal selling.




Full download please contact or qidiantiku.com

,3. Full download please contact or qidiantiku.com
Award: 10.00 points




According to a recent report from U.S. Bureau of Labor Statistics (BLS), each day one in fifteen
Americans earn their living trying to convince others to make purchases.


 True

 False




The statistic is one in nine Americans are categorized in sales occupations.


References

True / False Difficulty: 2 Medium Learning Objective: 1-3 Describe the
impact of digital technology and social
selling on personal selling.



4. Award: 10.00 points



Customer relationship management (CRM) is a technology for managing all of a company’s
relationships and interactions with customers and potential customers.


 True

 False




CRM provides a one stop shop for sales and marketing personnel to review customer interactions
with a firm.


References

True / False Difficulty: 1 Easy Learning Objective: 1-2 Explain the
strategic role of personal selling and
sales analytics in modern organizations.




Full download please contact or qidiantiku.com

,5. Full download please contact or qidiantiku.com
Award: 10.00 points




Most firms today can still survive by relying on profits generated from one-time transactional sales.


 True

 False




Increasingly, firms are recognizing that it is more profitable to retain and grow existing customer
relationships.


References

True / False Difficulty: 1 Easy Learning Objective: 1-2 Explain the
strategic role of personal selling and
sales analytics in modern organizations.



6. Award: 10.00 points



Nonprofit organizations generally are organized to further a social cause or advocate for a point of
view. As such, they have little need for personal selling.


 True

 False




Many NPOs rely on sales personnel to secure resources, such as donor funding and volunteers.


References

True / False Difficulty: 1 Easy Learning Objective: 1-2 Explain the
strategic role of personal selling and
sales analytics in modern organizations.




Full download please contact or qidiantiku.com

, 7. Full download please contact or qidiantiku.com
Award: 10.00 points




Personal selling also is often the most important decision factor in the large, complex sales that are
common in business-to-business (B2B) settings.


 True

 False




The larger, more complex selling environment in B2B is conducive to personal selling efforts,
relative to other elements of the promotion mix.


References

True / False Difficulty: 1 Easy Learning Objective: 1-2 Explain the
strategic role of personal selling and
sales analytics in modern organizations.



8. Award: 10.00 points



Customer relationship management (CRM) focuses on the net present value of a customer’s
business over the span of its expected relationship with the selling organization.


 True

 False




Customer lifetime value (CLV focuses on the NPV of a customer’s business over its lifetime.


References

True / False Difficulty: 1 Easy Learning Objective: 1-2 Explain the
strategic role of personal selling and
sales analytics in modern organizations.




Full download please contact or qidiantiku.com
$39.49
Get access to the full document:

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

Get to know the seller
Seller avatar
vvgrant886

Get to know the seller

Seller avatar
vvgrant886 Exam Questions
Follow You need to be logged in order to follow users or courses
Sold
0
Member since
1 year
Number of followers
0
Documents
103
Last sold
-

0.0

0 reviews

5
0
4
0
3
0
2
0
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions