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NRF - Chapter 4 Exam Questions and Answers Latest Update 2025 Already Passed

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NRF - Chapter 4 Exam Questions and Answers Latest Update 2025 Already Passed If you receive counterfeit money, you should - Answers delay the customer call the police write your initials an date in the white border _________________ can make a difference in your overall sales during the year - Answers referrals ________________ is the best means of recommendations - Answers word of mouth When following up with a customer, it is important to use a method suited to the __________________ - Answers customer When arranging for delivery, as a sales associate, it is your responsibility to ............... - Answers explain delivery options In the self-service model for selling & service, is there a lot or limited interaction between sales associate and customer? - Answers limited What should be included in a customer's record? - Answers name address telephone number email address The 80/20 rule states that.......... - Answers 80% of sales comes from 20% of customers In the customer pyramid, the Iron segment customers are........ - Answers price conscious and are not loyal to a particular brand or store In the customer pyramid, the lead segment customers can.... - Answers cost the company money because they demand attention but don't buy much In the customer pyramid, the platinum segment customers are the.... - Answers most loyal. They place more value on customer service. In the customer pyramid, the gold segment customers are - Answers more price sensitive than the platinum and have a lower lifetime value In the relationship building model, customers expect to... - Answers interact with associates & receive recommendations What are the 4 steps of the sales process? - Answers 1. recognize buying cues 2. offer assistance

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NRF - Chapter 4 Exam Questions and Answers Latest Update 2025 Already Passed

If you receive counterfeit money, you should - Answers delay the customer

call the police

write your initials an date in the white border

_________________ can make a difference in your overall sales during the year - Answers referrals

________________ is the best means of recommendations - Answers word of mouth

When following up with a customer, it is important to use a method suited to the __________________
- Answers customer

When arranging for delivery, as a sales associate, it is your responsibility to ............... - Answers explain
delivery options

In the self-service model for selling & service, is there a lot or limited interaction between sales associate
and customer? - Answers limited

What should be included in a customer's record? - Answers name

address

telephone number

email address

The 80/20 rule states that.......... - Answers 80% of sales comes from 20% of customers

In the customer pyramid, the Iron segment customers are........ - Answers price conscious and are not
loyal to a particular brand or store

In the customer pyramid, the lead segment customers can.... - Answers cost the company money
because they demand attention but don't buy much

In the customer pyramid, the platinum segment customers are the.... - Answers most loyal. They place
more value on customer service.

In the customer pyramid, the gold segment customers are - Answers more price sensitive than the
platinum and have a lower lifetime value

In the relationship building model, customers expect to... - Answers interact with associates & receive
recommendations

What are the 4 steps of the sales process? - Answers 1. recognize buying cues

2. offer assistance

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