In: Operations Management
The goal of the needs assessment stage in the selling process is ____________________.
a. to maximize the fit between what the company can offer and the customer's needs |
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b. to figure out what competitors are offering the customer |
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c. to identify how much the potential customer is willing to pay |
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d. calculate the probability that the customer will end up buying from the company |
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e.decide how to best convince the buyer to buy the company's top-of-the line product |
Online retailers of clothing often provide recommendations for additional products a customer should buy that would "complete the look." This is an example of _____________________________.
a. cross-selling |
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b. referral selling |
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c. relationship selling |
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d. target selling |
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e. quota selling |
The idea behind CRM (Customer Relationship Management) is that _______________________________.
1. customers must be managed in order for them to understand how services should be used |
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2. a company should build relationships with its stakeholder customers through the use of publicity |
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3. it is important to maximize short-term profit |
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4. knowing more about individual customers will help a company serve its customers better |
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5. customers should take a bigger role in creating products of the future |
For which situation would personal selling be the most appropriate choice?
a. Facebook would like to encourage older consumers to use its service. |
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b. Coca-Cola would like to remind its customers to drink more soda. |
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c. Gatorade is launching a new organic sportsdrink. |
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d. Nike is launching a new sneaker. |
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e.GE Healthcare is selling medical equipment to hospitals. |
Answer 1 : A. To maximize the fit between what the company can offer and the customer's needs.
Explanation : In the needs assessment, goal of the salesperson is to know the fit between what company offers and customer needs so that they know the potential market needs.
Answer 2 : A. Cross-selling
Explanation : Cross-selling refers to selling an additional products related to previous purchase to the existing customers.
Answer 3 : 4. Knowing more about individual customers will help a company serve its customers better.
Explanation : Due to customer relationship management, company is in better position to understand the needs of customers so that they can serve them better.
Answer 4 : E. GE Healthcare is selling medical equipment to hospitals.
Explanation : Personal selling approach is usually used for durable products such as medical equipment so that it gets more effective.