ICEV Final Exam UPDATED ACTUAL Questions and CORRECT Answers
3 views 0 purchase
Course
ICEV
Institution
ICEV
ICEV Final Exam UPDATED ACTUAL
Questions and CORRECT Answers
Which of the following is an example of personal selling? - CORRECT ANSWER- Doorto-door sales
Which of the following is NOT a goal of sales? - CORRECT ANSWER- Increase
employee morale
Which of the following is NOT a current trend ...
ICEV Final Exam UPDATED ACTUAL
Questions and CORRECT Answers
Which of the following is an example of personal selling? - CORRECT ANSWER- ✔✔Door-
to-door sales
Which of the following is NOT a goal of sales? - CORRECT ANSWER- ✔✔Increase
employee morale
Which of the following is NOT a current trend in sales? - CORRECT ANSWER-
✔✔Increasing telemarketing efforts
What percentage of total sales does online sales account for each year? - CORRECT
ANSWER- ✔✔33 percent
Which of the following is true of business-to-business sales? - CORRECT ANSWER- ✔✔It
typically requires an appointment
Which of the following is NOT a rationale buying motive? - CORRECT ANSWER-
✔✔Prestige
What is the recommended way for salespeople to come to understand the product they are
selling? - CORRECT ANSWER- ✔✔Read printed materials and receive formal training
Routine decision-making is used in which of the following situations? - CORRECT
ANSWER- ✔✔When familiarity with the product is high
What are examples of product typically purchased using limited decision-making? -
CORRECT ANSWER- ✔✔Technology and household appliances
Which of the following is NOT a suggested source of sales leads? - CORRECT ANSWER-
✔✔Social Events
,When is it alright to perform the selling process out of order? - CORRECT ANSWER-
✔✔When the customer dictates it
What is the second step in the selling process? - CORRECT ANSWER- ✔✔Determining
customer needs
What is the final step of the selling process? - CORRECT ANSWER- ✔✔Building
relationships
The selling process is unique based on what variables? - CORRECT ANSWER- ✔✔Type of
sale, product and customer
What should the selling process help a salesperson do? - CORRECT ANSWER- ✔✔Fulfill
the needs and wants of customers
What is a combination approach? - CORRECT ANSWER- ✔✔One which involves elements
of each other type of approach
Which of the following is a purpose of the approach? - CORRECT ANSWER- ✔✔Beginning
a conversation
What is a common approach mistake? - CORRECT ANSWER- ✔✔Asking "May I help
you?" too often
Which of the following is NOT a suggested type of approach? - CORRECT ANSWER-
✔✔Decisive
Which of the following examples is considered a merchandise approach? - CORRECT
ANSWER- ✔✔"I noticed you looking at the tile. How much do you need?"
When observing, a salesperson should notice which of the following? - CORRECT
ANSWER- ✔✔The time a customer spends with the product
, Determining the customer's needs should NOT involve what? - CORRECT ANSWER-
✔✔Assumptions
Which of the following topics should be avoided when questioning a customer? - CORRECT
ANSWER- ✔✔Price and money
What is a close-ended question? - CORRECT ANSWER- ✔✔One which requires a yes or no
answer
Which of the following is NOT an open-ended question? - CORRECT ANSWER- ✔✔"Will
this work for what you're needing?"
How many products should a salesperson show a customer at one time? - CORRECT
ANSWER- ✔✔No more than three
What is a customer benefit? - CORRECT ANSWER- ✔✔Advantages and satisfaction a
customer receives from a product
Which of the following is NOT a recommended sales aid? - CORRECT ANSWER-
✔✔Competing products
What does involving the customer include? - CORRECT ANSWER- ✔✔Conversation and
giving the customer experience with the product
What is a product feature? - CORRECT ANSWER- ✔✔Physical attributes of a product
Which of the following is an example of the superior-selling method of overcoming
resistance? - CORRECT ANSWER- ✔✔"The high price is due to the added capabilities you
need which cheaper models don't have."
What is the third step in the process for handling customer resistance? - CORRECT
ANSWER- ✔✔Restate the specific objection
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 MGRADES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.