Exam 15: Time, Territory, and Self-Management: Keys to Success

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A sales account refers to a limited geographical area assigned to a salesperson.

(True/False)
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Technology such as GPS is useful for locating customers and planning routes.

(True/False)
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_____ means using more than one criterion to characterize an organization's accounts.

(Multiple Choice)
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The break-even point for a territory for a month is $1,000.If the salesperson generates $1,000 of profit the territory's direct costs are covered.

(True/False)
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According to the text,the general approaches to account analysis for salespeople are _____ and ______

(Multiple Choice)
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A market with homogeneous needs and characteristics would best be suited for an undifferentiated market approach.

(True/False)
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It is the job of the sales manager to set quotas and develop territorial sales plans for reaching the quota; it is the salesperson's job to fulfill that sales quota.

(True/False)
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What commonly causes the frequency of sales calls made by a salesperson to increase?

(Essay)
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_____ is a quantitative technique for determining the level of sales at which total revenues equal total costs.

(Multiple Choice)
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The J&L Grocery Distribution Company characterizes its customers according to their yearly sales potential and whether the account is a retailer,wholesaler,or government agency.This approach to segmentation is called:

(Multiple Choice)
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A professional salesperson should study product materials during the waiting time at the customer's office.

(True/False)
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Which of the following rules should a salesperson adopt in order to have more productive lunch periods?

(Multiple Choice)
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A territory's break-even point can be computed in terms of dollars by dividing the _____ with gross profit percentage.

(Multiple Choice)
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When a salesperson refers to her key accounts,she is talking about her _____ accounts.

(Multiple Choice)
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The difference between sales and _____ is the gross profit on sales revenue.

(Multiple Choice)
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Scheduling refers to establishing the total revenue to be generated from each sales territory.

(True/False)
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During a(n)salesperson's ____,the salesperson's actual performance is compared with the preset performance standards for the sales territory.

(Multiple Choice)
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Experts recommend that salespeople limit themselves to no more than two routes per day to make sure enough time is spent with each customer.

(True/False)
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Which of the following statements is most likely true about territorial evaluation?

(Multiple Choice)
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The 80/20 principle is a time management concept that favors a salesperson putting 80 percent of his or her time on planning and 20 percent on selling.

(True/False)
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