McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) .
Chapters
| 151. |
Handy tools in online stoke trading includes… |
| A. | Interest earned |
| B. | Financial screeners to research stock and bonds |
| C. | Yield returns |
| D. | All of the above |
| Answer» D. All of the above | |
| 152. |
Which of the following is the factor contributing the drastic growth of online investing? |
| A. | Easy and ready access to the data |
| B. | Offering transactions at the lower price |
| C. | both a and b |
| D. | None of the above |
| Answer» C. both a and b | |
| 153. |
Which type deals with auction ? |
| A. | B2B |
| B. | C2B |
| C. | C2B |
| D. | C2C |
| Answer» D. C2C | |
| 154. |
Which segment is ebay an example? |
| A. | B2B |
| B. | C2C |
| C. | C2B |
| D. | none of the above |
| Answer» D. none of the above | |
| 155. |
Which type of e-commerce focuses on consumers dealing with each others? |
| A. | B2B |
| B. | B2C |
| C. | C2B |
| D. | C2C |
| Answer» D. C2C | |
| 156. |
Mobile Commerce can be defined as – |
| A. | M-Phil |
| B. | M-Business |
| C. | M-Com. |
| D. | M-organization |
| Answer» C. M-Com. | |
| 157. |
Define forecasting as a systematic attempt to people the future by interference from known facts. |
| A. | Allen |
| B. | Henry fayol |
| C. | American Marketing Association |
| D. | None of the above |
| Answer» A. Allen | |
| 158. |
One of the objectives of forecasting is to determine…………… |
| A. | Regular supply of raw materials |
| B. | A Suitable production policy |
| C. | Best utilization of machines |
| D. | None of the above |
| Answer» B. A Suitable production policy | |
| 159. |
One of the long term objectives of forecasting is to provide………… |
| A. | Long term production |
| B. | Plant capacity |
| C. | Labour |
| D. | Short term production |
| Answer» C. Labour | |
| 160. |
One of the purpose of sales quota is to evaluate the ………………. |
| A. | Performance |
| B. | Goals and incentives |
| C. | Salesperson activities |
| D. | None of the above |
| Answer» A. Performance | |
| 161. |
…………….is set for an individual salesperson, geographical areas, product lines or distributive outlet or for any one or more of these on combination. |
| A. | Past sales |
| B. | Sales volumes quotas |
| C. | None of the above |
| D. | Total market estimates |
| Answer» B. Sales volumes quotas | |
| 162. |
A………is a goal set for a salesperson or sales department measured in revenue or units sold for a specific time. |
| A. | Sales forecasting |
| B. | Sales quotas |
| C. | Sales Targets |
| D. | None of the above |
| Answer» C. Sales Targets | |
| 163. |
………………..is a detailed examination of salts volume by territory. |
| A. | Sales control |
| B. | Sales target |
| C. | Sales attribute |
| D. | Sales analysis |
| Answer» D. Sales analysis | |
| 164. |
………………..are maintained by accounting department sales organization. These records are made of salesmen’s reports. |
| A. | Sales records |
| B. | Sales reports |
| C. | Sales analysis |
| D. | None of the above |
| Answer» A. Sales records | |
| 165. |
A…………is a systematic and comprehensive appraisal of the total selling operation. It appraises integration of the individual inputs to the personal selling efforts and identifies and evaluates assumption underlying the sales operation. |
| A. | Organization report |
| B. | Sales Audit |
| C. | Organization forecast |
| D. | Sales report |
| Answer» B. Sales Audit | |
| 166. |
Ask for order, review points of agreement, help in writing up the order, ask which model the customer wants, note that customer will lose out if not ordered now; offer incentives to buy now – lower price, larger quantity for same price are several techniques of ______________________. |
| A. | Approach |
| B. | Pre-approach |
| C. | Follow-up |
| D. | Closing |
| Answer» D. Closing | |
| 167. |
What P stands for? |
| A. | response or the internal response tendency, that is, the act of Purchasing a brand or patronizing a supplier |
| B. | predisposition or the inward response tendency, that is, force of habit |
| C. | present drive level |
| D. | “incentive potential,” that is, the value of the product or its potential Satisfaction to the buyer |
| Answer» B. predisposition or the inward response tendency, that is, force of habit | |
| 168. |
A sale forces organization that assigns each salesperson to a geographical territory in which that salespersons have to sell the company's full line is |
| A. | Product sales force |
| B. | Customer sales force |
| C. | Complex structure |
| D. | Territorial sales force |
| Answer» D. Territorial sales force | |
| 169. |
Reduce buyer concerns that might have arisen after the sale, reveal problems, assure buyer of salesperson's interest, ensure customer satisfaction and repeat business is called |
| A. | Approach |
| B. | Follow- up |
| C. | Closing |
| D. | Pre-approach |
| Answer» B. Follow- up | |
| 170. |
Companies using team of salespeople specialized in sales, marketing, engineering, finance and technical support used for managing complex accounts is known as |
| A. | Outside sales force |
| B. | Inside sales force |
| C. | Telemarketing |
| D. | Team selling |
| Answer» D. Team selling | |
| 171. |
The salespeople of sales force sell their product may be relevant to a wide variety of products, types of customers, and broad geographic area. |
| A. | Product sales force |
| B. | Customer sales force |
| C. | Complex structure |
| D. | Territorial sales force |
| Answer» C. Complex structure | |
| 172. |
The salespeople who travel to call on customers is known as |
| A. | Outside sales force |
| B. | Field sales force |
| C. | Inside sales force |
| D. | Both 1 and 2 |
| Answer» D. Both 1 and 2 | |
| 173. |
J.A Howard gave a formula for ‘’Behavioral Equation” B=P*D*K*V What V stands for? |
| A. | response or the internal response tendency, that is, the act of Purchasing a brand or patronizing a supplier |
| B. | predisposition or the inward response tendency, that is, force of habit |
| C. | present drive level |
| D. | intensity of all cues: triggering, product, or informational |
| Answer» D. intensity of all cues: triggering, product, or informational | |
| 174. |
What is the next step after “negotiation” in personal selling process? |
| A. | The opening |
| B. | Need and problem identification |
| C. | Closing the sale |
| D. | Dealing with objectives |
| Answer» C. Closing the sale | |
| 175. |
__________________________ is the most effective promotional tool in making buyers preferences, convictions and most importantly actions. |
| A. | Personal selling |
| B. | Promotion mix |
| C. | Dealers promotion method |
| D. | Sales promotion |
| Answer» A. Personal selling | |
| 176. |
Designing sales force strategy and structure, recruit and select, training, compensation, supervise and evaluation are the major steps of |
| A. | Designing sales force |
| B. | Sales force management |
| C. | Sales force strategy |
| D. | Structure of sales force |
| Answer» B. Sales force management | |
| 177. |
Fringe benefit, variable amount, fixed amount, expenses are the part of ___________________ in Salesforce Management. |
| A. | Recruiting |
| B. | Training |
| C. | Supervising |
| D. | Compensating |
| Answer» D. Compensating | |
| 178. |
Providing knowledge of product, personality development, communicating the criteria to the salesperson are _____________________ in sales force management. |
| A. | Formal evaluation |
| B. | Qualitative evaluation |
| C. | Product evaluation |
| D. | Training evaluation |
| Answer» B. Qualitative evaluation | |
| 179. |
Salespeople who sells their product directly to the customers on telephone is called |
| A. | Outside sales force |
| B. | Inside sales force |
| C. | Telemarketing |
| D. | Team selling |
| Answer» C. Telemarketing | |
| 180. |
Contribution to net profit, evaluation of current vs past, ranking, clearing standards and sales vs expenses are ________________________ in sales force management. |
| A. | Training evaluation |
| B. | Qualitative evaluation |
| C. | Formal evaluation |
| D. | Product evaluation |
| Answer» C. Formal evaluation | |
| 181. |
________________________ is a specialist form of personal selling. |
| A. | Point of selling |
| B. | Mis-selling |
| C. | Group selling |
| D. | Face to face selling |
| Answer» D. Face to face selling | |
| 182. |
J.A Howard gave a formula for ‘’Behavioral Equation” B=P*D*K*V What K stands for? |
| A. | response or the internal response tendency, that is, the act of Purchasing a brand or patronizing a supplier |
| B. | predisposition or the inward response tendency, that is, force of habit |
| C. | present drive level |
| D. | “incentive potential,” that is, the value of the product or its potential Satisfaction to the buyer |
| Answer» D. “incentive potential,” that is, the value of the product or its potential Satisfaction to the buyer | |
| 183. |
What is the next step after “closing the sale” in personal selling process? |
| A. | The opening |
| B. | Need and problem identification |
| C. | Closing the sale |
| D. | Follow up |
| Answer» D. Follow up | |
| 184. |
Asking referrals from the customers, reward proper scouting, identifying good leads from bad ones is _______________ step of personal marketing. |
| A. | Approach |
| B. | Handling objections |
| C. | Pre-approach |
| D. | Prospecting and qualifying |
| Answer» D. Prospecting and qualifying | |
| 185. |
What is the next step after “the opening” in personal selling process? |
| A. | negotiation |
| B. | Need and problem identification |
| C. | Closing the sale |
| D. | Dealing with objectives |
| Answer» B. Need and problem identification | |
| 186. |
The salesperson meets the prospective to get the relationship off to make a good start, opening lines, follow-up remarks, is __________________________step of personal marketing. |
| A. | Approach |
| B. | Handling objections |
| C. | Pre-approach |
| D. | Prospecting and qualifying |
| Answer» A. Approach | |
| 187. |
Company XYZ is a manufacture of motors and pumps employs regional salesperson to sell its product to wholesaler and cities is an example of |
| A. | Public relation |
| B. | Personal selling |
| C. | Promotion mix |
| D. | Trade promotion |
| Answer» B. Personal selling | |
| 188. |
The salesperson gives the description of the product, showing how the product will make or save the money for the buyer, need satisfaction approach, concentrate on customer benefits, requirement of good listening and problem solving-skills, demonstration aids is ________________________________step of personal marketing. |
| A. | Approach |
| B. | Presentation and demonstration |
| C. | Pre-approach |
| D. | Prospecting and qualifying |
| Answer» B. Presentation and demonstration | |
| 189. |
Use of positive approach, seek out hidden objections, ask the buyer for clarifications and objections is ______________ |
| A. | Approach |
| B. | Pre-approach |
| C. | Handling objections |
| D. | Prospecting and qualifying |
| Answer» C. Handling objections | |
| 190. |
Emphasize long term interests instead of closing a sale, form transaction orientation to relationship marketing, customers want “whole solution” packages, quick responses; often problem if ,separate sales forces for each product is |
| A. | Follow-up |
| B. | Approach |
| C. | Relationship marketing |
| D. | Closing |
| Answer» C. Relationship marketing | |
| 191. |
Salespeople who conduct business from their offices through telephones and visiting to customers site is known as |
| A. | Outside sales force |
| B. | Inside sales force |
| C. | Telemarketing |
| D. | Team selling |
| Answer» B. Inside sales force | |
| 192. |
__________________ involves the use of satisfied customers to convince the buyer of the effectiveness of the salesperson’s product. |
| A. | Demonstration |
| B. | Guarantees |
| C. | Trail orders |
| D. | Reference selling |
| Answer» D. Reference selling | |
| 193. |
A sales force organization under which salespeople sells their product only to the certain customers or industries is |
| A. | Product sales force |
| B. | Customer sales force |
| C. | Complex structure |
| D. | Territorial sales force |
| Answer» B. Customer sales force | |
| 194. |
A sales force organization under which salespeople sells only a portion or particular product of the company's product. |
| A. | Product sales force |
| B. | Customer sales force |
| C. | Complex structure |
| D. | Territorial sales force |
| Answer» A. Product sales force | |
| 195. |
The salesperson learns as much as possible about the prospective customer before making sales call by consulting standard industries and online sources, set call objectives, selecting best approach and time is ________________ step of personal marketing. |
| A. | Approach |
| B. | Handling objections |
| C. | Pre-approach |
| D. | Prospecting and qualifying |
| Answer» C. Pre-approach | |
| 196. |
The selling concept by which sellers and buyers come in direct contact is |
| A. | Sales promotion |
| B. | Personal selling |
| C. | Public relation |
| D. | Promotion mix |
| Answer» B. Personal selling | |
| 197. |
Which of the following not comes under Pre Demonstration in Personal Selling? |
| A. | Make the process as brief as possible |
| B. | Make the process as complex as possible |
| C. | Rehearse the approach to likely objection with colleague |
| D. | Know the product’s selling point |
| Answer» B. Make the process as complex as possible | |
| 198. |
What are the objectives of personal selling? |
| A. | Distinguish the various phase of selling process. |
| B. | Close a sale |
| C. | Know how to deal with buyer |
| D. | All of these |
| Answer» D. All of these | |
| 199. |
While developing ________________________ salesperson must know about the characteristics desired of the salespeople by buyers. |
| A. | Presentation skills |
| B. | Selling skills |
| C. | Personal selling skills |
| D. | Marketing skills |
| Answer» C. Personal selling skills | |
| 200. |
J.A Howard gave a formula for ‘’Behavioral Equation” B=P*D*K*V What B stands for? |
| A. | response or the internal response tendency, that is, the act of Purchasing a brand or patronizing a supplier |
| B. | predisposition or the inward response tendency, that is, force of habit |
| C. | present drive level |
| D. | “incentive potential,” that is, the value of the product or its potential Satisfaction to the buyer |
| Answer» A. response or the internal response tendency, that is, the act of Purchasing a brand or patronizing a supplier | |
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