Exam 1: Relationship Selling Opportunities in the Information Economy

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Trade selling and missionary (detail)sales are both examples of sales:

(Multiple Choice)
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Ray Sanchez began as a junior sales rep at industrial products maker DECA Corporation 10 years ago, and has worked his way up steadily to Senior Regional Sales Director for the entire Southwest region. He is good at his job, and his greatest personal satisfaction-also the cause of his steady rise in the company-is his ability to understand customers and their needs and to sell them appropriate solutions. As a manager and now Senior Regional Director, Sanchez injects his department with this same commitment to understanding the customer's needs as the key to long-term, profitable sales relationships. -Sanchez's success is due largely to the fact that:

(Multiple Choice)
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Ray Sanchez began as a junior sales rep at industrial products maker DECA Corporation 10 years ago, and has worked his way up steadily to Senior Regional Sales Director for the entire Southwest region. He is good at his job, and his greatest personal satisfaction-also the cause of his steady rise in the company-is his ability to understand customers and their needs and to sell them appropriate solutions. As a manager and now Senior Regional Director, Sanchez injects his department with this same commitment to understanding the customer's needs as the key to long-term, profitable sales relationships. -Which of the following would be a reason for Sanchez to remain in his Senior Regional Sales Director position instead of moving to executive management?

(Multiple Choice)
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Firms that hire professionals such as accountants and engineers always hire separate sales staff so the professionals do not have to sell.

(True/False)
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Convention center sales managers,investment securities brokers,and real estate salespeople all have one thing in common-they sell a(n)________.

(Short Answer)
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A(n)________ works for the manufacturer.This salesperson must have detailed and precise technical knowledge.

(Short Answer)
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Alan Karbashian spends all day driving from customer site to customer site for sales meetings in his job with a national medical parts manufacturer.Alan is considered a/an:

(Multiple Choice)
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Which of the following describes a category of sales personnel in the field of manufacturing?

(Multiple Choice)
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Sales positions can be a good track for promotion to supervisory-management positions.

(True/False)
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Roni Harris is a college student in the business department of her local university. She came in to college thinking she wanted to become an Accounting major, but discovered that she is interested in product marketing and in sales. -Roni is taking a time management class as an elective in college because she feels she occasionally struggles with managing her time and tasks.What effect do time management skills have on a career in sales?

(Multiple Choice)
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Knowledge workers need selling skills to communicate information to consumers.

(True/False)
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Roni Harris is a college student in the business department of her local university. She came in to college thinking she wanted to become an Accounting major, but discovered that she is interested in product marketing and in sales. -Right before graduation,Roni receives two job offers.One is for a sales position and offers a base salary of $30,000 plus commissions.The other is for a marketing assistant position and offers a straight salary of $40,000.Which of the following is likely to be true about the two positions?

(Multiple Choice)
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List the four sources of sales training.

(Essay)
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Peter Kumar has developed a software application that will reduce costs and increase server speed for corporations of all sizes.Even with this useful application,Peter still needs to develop personal selling skills in order to:

(Multiple Choice)
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The highest compensation for salespeople generally goes to those focusing on transactional sales.

(True/False)
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Managers do not need sales skills because they need to obtain information from clients,not communicate information to clients.

(True/False)
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On average,an experienced,high-performing salesperson will find the highest compensation opportunities with which approach?

(Multiple Choice)
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Which of the following is an activity that would most likely be performed by a customer service representative (CSR)?

(Multiple Choice)
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Salespeople in the U.S.report that they work in sales primarily to:

(Multiple Choice)
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Sales opportunities in the service sector are most likely expanding because:

(Multiple Choice)
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