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At the beginning of a presentation, a salesperson asks a catalog retailer, "What type of inventory management software would you like your company to use?" The salesperson is most likely starting a _____ presentation.


A) transactional
B) stimulus-response
C) formula
D) persuasive selling
E) need-satisfaction

F) B) and C)
G) B) and D)

Correct Answer

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The salesperson typically monopolizes the conversation during _____ and _____ sales presentations.


A) memorized; formula
B) transactional; memorized
C) memorized; need-satisfaction
D) modified rebuy; straight rebuy
E) memorized; stimulus-response

F) None of the above
G) C) and D)

Correct Answer

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What is the most likely reason that some salespeople dislike the need-satisfaction sales presentation approach?


A) The salesperson must give the prospect some control of the selling situation.
B) The method is impractical for selling highly technical products.
C) The salesperson must present unimportant benefits to the buyer.
D) The approach requires the salesperson to close too quickly.
E) The method allows very little prospect participation.

F) B) and C)
G) A) and D)

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The key to selling and negotiating is seeking to:


A) identify gatekeepers.
B) create a win-win situation.
C) provide all product information.
D) generate profitable, one-time sales.
E) understand significant group behaviors.

F) A) and B)
G) A) and C)

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Which of these statements about formula presentations is true?


A) The formula presentation is based on the SPIN procedure of developing and giving the sales presentation.
B) New-task buying situations are a good time to use the formula presentation method.
C) An advantage of the formula presentation is that it is most adaptable to complex selling situations.
D) Customers get the greatest amount of talking time at the beginning of the formula sales presentation.
E) To successfully use the formula sales presentation method, the salesperson must have previously identified the prospect's needs and wants.

F) A) and B)
G) A) and C)

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The formula sales presentation is based on the assumption that similar prospects in similar situations can be approached with similar presentations.

A) True
B) False

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According to the Golden Rule of Selling, the heart of the sales presentation is the salesperson's approach to the customer or prospect.

A) True
B) False

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The customer does most of the talking in the approach and presentation stages of the need- satisfaction method.

A) True
B) False

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When compared to other types of sales presentations, memorized selling is the:


A) least structured.
B) most interactive.
C) least used in telemarketing.
D) most used in technical sales.
E) most structured.

F) All of the above
G) B) and E)

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The typical last step of the problem-solution sales presentation is to:


A) make the sales presentation.
B) propose follow-up activities.
C) analyze the prospect's problem.
D) prepare a written solution for the prospect's problem.
E) agree with the prospect on the specific problem to address.

F) C) and E)
G) A) and D)

Correct Answer

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The basic difference in the four sales presentation methods is the type of product being sold.

A) True
B) False

Correct Answer

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During the _____ phase of the need-satisfaction sales presentation, the salesperson begins to take control of the conversation by restating the prospect's needs to clarify the situation.


A) need-fulfillment
B) need-awareness
C) need-utilization
D) need-feedback
E) need-diffusion

F) D) and E)
G) A) and B)

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In terms of the 10-step productive retail sales call developed by SmithKline Beecham Products, the presentation step includes answering questions and handling objections.

A) True
B) False

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Which of the following methods of sales presentation is more likely to be used when it is necessary to present the proposal to a group of individuals?


A) Formula
B) Memorized
C) Problem-solution
D) Influential
E) Persuasive

F) All of the above
G) B) and D)

Correct Answer

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The first discussion point in a sales presentation should address the features, advantages, and benefits that the prospect desires.

A) True
B) False

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The parallel dimensions of selling enable salespeople to:


A) negotiate with new customers.
B) compare sales presentation methods.
C) adhere to the Golden Rule of Selling.
D) create sales where there is no customer need.
E) understand the interactions between each component.

F) B) and C)
G) A) and C)

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A salesperson's chosen presentation method and approach technique should most likely be based on which of the following?


A) Delivery schedule
B) Product and prospect
C) Customer preference
D) Interest and demand
E) Group behavior

F) B) and E)
G) C) and D)

Correct Answer

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The need-satisfaction format is appropriate for selling industrial and technical goods.

A) True
B) False

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Elisha Levi believes that a flexible, customized approach to selling is best when dealing with highly complex products. She typically performs an in-depth study of the prospect's needs before creating a well-planned presentation. Levi obviously favors the _____ presentation method.


A) memorized
B) stimulus response
C) problem-solution
D) need-satisfaction
E) formula

F) A) and B)
G) D) and E)

Correct Answer

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In the beginning of a group sales presentation, a salesperson should:


A) explain how the FAB formula will be used in the presentation.
B) provide every member of the group with a customer profile.
C) give quality assurances and qualifications.
D) ignore the group's behavioral style.
E) summarize the marketing plan.

F) D) and E)
G) All of the above

Correct Answer

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