MKT 3427 Chapter 2 True False Questions

Information technology aids salespeople in creating and maintaining relationships with customers.


Answer: T

A company that ignores the marketing concept will not have any negative effects.


Answer: F

Value-added selling can be defined as a series of creative improvements within the sales process that enhance the customer experience.


Answer: T

Business firms vary in terms of how strongly they support the marketing concept.


Answer: T

E-commerce has contributed to the decline in popularity of transactional selling.


Answer: T

When measured by either the number of people employed or expenses as a percentage of sales, personal selling is often the major promotional method used by American businesses.


Answer: T

Consultative-style selling practices have become popular because they can be easily mastered.


Answer: F

A "strategy" can be best described as a collection of techniques, practices, or methods you use when you are face to face with a customer.


Answer: F

Consultative-style selling, which emerged in the late 1960s and early 1970s, is an extension of the marketing concept.


Answer: T

The four major strategies that form the strategic consultative selling model are independent of one another.


Answer: F

Typical salespeople spend about 30 percent of their time in actual face-to-face selling situations.


Answer: T

The presentation strategy includes a reminder that outstanding service should be the overriding theme of every sales presentation.


Answer: T

A major reason for the demise of the product solution is the growing number of look-alike products.

Answer: T

The partnering concept, as an enhancement of personal selling, became very popular in the 1970s.


Answer: F

The goal of strategic alliances is to achieve a marketplace advantage by teaming up with another company whose products fit well with your own.


Answer: T