Professional Documents
Culture Documents
Final Sale and MKT
Final Sale and MKT
1. _______is the process of making a product available to the end consumer or business.
a. Sales
b. Distribution
c. Exchange
d. Barter
2. In Sales Management, ERP stands for ________.
10. A sales organization bridges the gap between the market and the
………………….
a. Human Resource capacity of the firm
b. Financial capacity of the firm
c. Productive capacity of the firm
d. Marketing capacity of the firm
11. _______ is a group of people working together to achieve the objective of sales.
a. Salesforce
b. Sales Organization
c. Sales Team
d. Marketing Dept.
14. ________ is a financial plan depicting how resources should best be allocated to
achieve the forecasted sales.
a. Sales Budget
b. Sales Audit
c. Sales Control
d. Sales P&L plan
15. Most producers use _______ to bring their products to market or end users.
a. Brokers
b. Retailers
c. Intermediaries
d. Distributors
16. __________is a distribution system in which the ultimate buyer acquires the title
directly from the manufacturer of the product.
a. Direct Distribution
b. Indirect Distribution
c. Exclusive Distribution
d. Intensive Distribution
17. ________is a distribution system that involves territorial protection for authorized
dealers.
a. Direct Distribution
b. Indirect Distribution
c. Exclusive Distribution
d. Intensive Distribution
18. _______ is a distribution system that uses middlemen i.e. wholesalers and
retailers to reach the ultimate buyer.
a. Direct Distribution
b. Indirect Distribution
c. Exclusive Distribution
d. Intensive Distribution
26. What is the term for a retail strategy where a company offers a limited selection of
carefully curated products to a niche market?
a. Global retailing
b. Specialty retailing
c. Online retailing
d. None
27. This is an intermediary that does not own the goods that they are selling
a. Retailer
b. Wholesaler
c. Sales Agent
d. Consumer
30. What are the advantages of using third-party logistics providers (3PLs) in supply chain
management?
a. Increased complexity
b. Decreased flexibility.
c. Cost savings and expertise
d. Reduced efficiency
36. ________ is a financial plan depicting how resources should best be allocated to achieve
the forecasted sales.
e. Sales Budget
f. Sales Audit
g. Sales Control
h. None
37. ________is a distribution system that involves territorial protection for authorized
dealers.
e. Direct Distribution
f. Indirect Distribution
g. Exclusive Distribution
h. Intensive Distribution
38. The first thing that must be done when resolving a conflict with someone is to
a. Assertively but diplomatically state your perspective.
b. Brainstorm possible solutions to the problem.
c. Slap some sense into them.
d. Listen to their perspective.
b. Personal Selling
c. Advertising
d. Promotion
40. Which of the following is a Salesforce tool that allows companies to track marketing
initiatives?
a. Reports
b. Campaigns
c. Organizations
d. Opportunities
41. _______involves all the activities involved in selling goods and services to those
buying for resale or business use.
a. Manufacturing
b. Wholesaling
c. Retailing
d. Distributing
49. Which retail strategy involves offering products at consistently low prices to attract
customers?
a. Everyday low pricing (EDLP)
b. Odd Pricing
c. Even Pricing
d. Retail Pricing
51. This is the Channel that goes from Producer to Consumer ______Direct Channel
52. This is an intermediary that does not own the goods that they are selling ___________
Sale Agent
53. Which intermediary in the distribution process follows the wholesaler? ____Retailer
54. How/where a product will be distributed is known as _________Place
a. True
b. False
56. Personal selling is relatively more effective and economical when a company can
afford to have a large and regular advertising outlay.
a. True
b. False
b. False
61. The term for a retail store that sells a wide variety of goods across multiple product
categories is Department Store______________
62. The activity of organizing the movement, equipment, and accommodation of troops is
known as Logistics _____________
64. The type of retail format involves selling products directly to consumers without the need
for physical stores Online retailing_________________
65. In Sales Management, ERP stands for Enterprise Resource Planning ______________
66. _____________Coercive power is wielded by a manufacturer that threatens to withdraw
a resource or terminate a relationship if intermediaries fail to co-operate. (chap 5 or 6)
68. The conflict that arises when the manufacturer has established two or more channels
compete in selling to the same channel. Channel Conflict___________
69. Kiosk marketing, catalog marketing, telemarketing, direct mail are the example of Direct
Marketing _______________
70. The common forecasting method used in logistics planning is Time Series Forecasting
________________.
71. The practice of placing related products together to encourage cross-selling and increase
sales is known as Merchandising___________________
72. The type of retail format primarily operates through websites and online platforms is said
to be E-commerce______________
73. The retail format involves selling products through temporary or mobile setups, such as
pop-up stores or kiosks is known as Pop-up Retailing _______________
74. _____________Sale Budget is a financial plan depicting how resources should best be
allocated to achieve the forecasted sales.
75. The term for the process of analyzing customer data to personalize marketing efforts and
improve the shopping experience is Customer Relationship
managemnet______________________
76. In Sales Management, SFA System stands for Sales Force Automation
__________________
80. When there is conflict between different levels within the same channel is known as
Vertical Conflict______________.
LONG ANSWERS
1. Briefly explain the different ways of managing Conflict.
2. What are the different types of Vertical marketing System. Explain
3. Write about the trends in retailing that is prevailing in today’s world.
4. Define the term conflict? Write 3 characteristics of it.
5. Briefly explain some of the importance of Sales Training in an Organization.
6. What do you mean by the term Retailing? Briefly explain some various types of non-store
retailing.
7. Write an overview on Vietnam’s Logistic Industry.
8. Write few requirements on a good compensation plan of a sales Organization.