100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MAR 3400 - Chapters 8-11 Quiz Questions with correct answers $15.49   Add to cart

Exam (elaborations)

MAR 3400 - Chapters 8-11 Quiz Questions with correct answers

 4 views  0 purchase
  • Course
  • Mar
  • Institution
  • Mar

MAR 3400 - Chapters 8-11 Quiz Questions with correct answers

Preview 3 out of 19  pages

  • October 8, 2024
  • 19
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Mar
  • Mar
avatar-seller
cracker
MAR 3400 - Chapters 8-11 Quiz Questions with
correct answers
Your friend Hannah, a salesperson from Paycom, is asking for your
help. Hannah's boss has asked her to prepare 3 objectives for her sales
call. Which one of the following would you tell Hannah is NOT a valid
objective based on the SMART framework?


A. For Hannah to get a complete understanding of how this prospect
could use Paycom and to build her future credibility with the prospect so
that the prospect will trust her opinions.


B. For Hannah to get the prospect to agree to use Paycom starting
tomorrow on a trial basis.


C. For the prospect to agree to another meeting in one week where
he/she can see a full demonstration of Paycom's service.


D. For the prospect to supply Hannah with the specified information by
tomorrow at 5pm so that she may prepare a formal sales presentation for
next week at the same time.


E. All of these are valid objectives based on the SMART framework.
Correct Answer-A.


In this chapter, it was said that the single most important part of your
preparation for the meeting is...

,A. Making sure to know the names of everyone involved in the business
so it looks like you did your research.


B. Being ready to speak about your prospect's business issues.


C. Making sure you know the "red lights" from the "green lights."


D. Being ready to do a full presentation of your product at any time.


E. Knowing your features so well that you can explain them without
looking. Correct Answer-B.


Even for experienced salespeople, it was stated in this chapter that one
of the biggest issues when planning for the sales meeting is:


A. None of the options.


B. Failure to effectively qualify prospects.


C. Misalignment between the buying and selling cycles.


D. That buyers won't deal with sales people unless they have a referral.

, E. Accurate information is not available on the internet. Correct Answer-
C.


In this chapter, it was mentioned that, on average, it takes how many
visits to close an initial business-to-business sale?


A. It takes a minimum of 7-9 visits to close a sale.


B. Every company expects its salespeople to close the sale by the second
visit.


C. It takes between 3-5 (or more) interactions to close a sale.


D. A good sales person closes the sale on the first visit.


E. Most sales can be closed in 2.4 meetings on average. Correct Answer-
C.


Which of the following was offered as advice before your next meeting?


A. You can have an objective for a meeting with a prospect, but do not
state it outright as it will seem too aggressive.


B. Do not have specific objectives when meeting with a prospect so you
can keep your options open.

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 cracker. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $15.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75759 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
$15.49
  • (0)
  Add to cart