100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Sales MKT 370 Final Questions and Answers (100% Pass) $14.09   Add to cart

Exam (elaborations)

Sales MKT 370 Final Questions and Answers (100% Pass)

 6 views  0 purchase
  • Course
  • Sales MKT 370
  • Institution
  • Sales MKT 370

In the partnering-style seller/buyer relationship, what is the foundation for creating value? ethical decision making People with high levels of ________ tend to display the characteristics needed for success in sales, such as self-awareness, self-confidence, empathy, and adaptability. E...

[Show more]

Preview 4 out of 42  pages

  • October 23, 2024
  • 42
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Sales MKT 370
  • Sales MKT 370
avatar-seller
ExamArsenal
1|Page | © copyright 2024/2025 | Grade A+




Sales MKT 370 Final Questions and
Answers (100% Pass)
In the partnering-style seller/buyer relationship, what is the foundation for

creating value?


✓ ethical decision making




People with high levels of ________ tend to display the characteristics needed

for success in sales, such as self-awareness, self-confidence, empathy, and

adaptability.


✓ Emotional Intelligence




report this to your sales manager and ask for help turning the customer down


✓ If a potential client hints that they will give you a sale if you give them a

gift, you should most likely:




Ron should let the comment go and continue with the presentation to win

Mona's business on the merits of the product and price.




Master01 | October, 2024/2025 | Latest update

, 1|Page | © copyright 2024/2025 | Grade A+

✓ Ron, a sales representative for a software firm, is giving a sales

presentation to Mona, a buyer for a large manufacturing firm. Making

a sale to Mona would double Ron's sales amount for the month and

lead to a large commission. As they're engaging in small talk, Mona

mentions to Ron that she's a huge fan of the local college football

team. Ron's wife works at that college and can get season tickets for

the games. What should Ron most likely do?




occasionally a form of corporate blackmail


✓ Reciprocity, as a corporate policy, is:




a series of creative improvements within the sales process that enhance the

customer experience


✓ value-added selling




build long-term partnerships with customers


✓ Salespeople today are most likely encouraged by employers to:




can best be summed up by which of the following statements:




Master01 | October, 2024/2025 | Latest update

, 1|Page | © copyright 2024/2025 | Grade A+

Both buyer and seller come away from the negotiation feeling that their best

interests have been served.


✓ win-win strategy




work with the customer to sell a length of subscription the customer can

afford


✓ In Roni's new sales job with Compu-Tex, she talks with a prospect who is

strongly interested in the product, but does not have the budget to

purchase a full-year subscription. When Roni reports this to her

manager, her manager says, "Turn it into a win-win!" The sales manager

most likely wants Roni to:




making sure everybody understands the purpose of the partnership


✓ According to Larry Wilson, there are three keys to a partnering

relationship. To establish a partnership with a customer, he suggests:




the selling process should be aligned with the buying process to make the

sale go smoothly


✓ Part of the customer strategy is understanding how a given customer

plans to make a purchase, because:




Master01 | October, 2024/2025 | Latest update

, 1|Page | © copyright 2024/2025 | Grade A+

Consumer decisions are usually made by individuals, while organizational

decisions are frequently made by several people.


✓ Which is most likely true regarding the differences between consumer

and organizational buyers?




stage in the typical buying process occurs after a customer has evaluated

solutions but before a purchase is made


✓ resolution of problems




step in the buying process most likely adds customer value after the sale


✓ Implementation




each specific customer


✓ Salespeople should most likely think of needs in terms of:




value creation selling approach where salespeople focus a great deal of

attention on customers' needs awareness




The outcome of _______________ is greater satisfaction on the buyer side and

a strong relationship between the buyer and seller




Master01 | October, 2024/2025 | Latest update

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ExamArsenal. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $14.09. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78075 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$14.09
  • (0)
  Add to cart