Marketing Objective 2.03 Review Questions
Which of the following is an internal factor that might have an effect on a business's selling policies: A. Customer wants B. Materials shortage C. Social issues D. Research efforts
Which of the following is an appropriate characteristic for a firm's selling policies: A. Open to interpretation B. Based on the salesperson's status C. Enforced with reasonable firmness D. Not subject to change
What antitrust regulatory act would prevent a business from randomly offering discounts to whomever it chose? A. Federal Trade Commission Act B. Discount Customer Act C. Clayton Act D. Robinson-Patman Act
Why would a business develop policies to limit the amount of money that salespeople could spend taking customers to lunch or dinner? A. To improve advertising B. To expand entertainment C. To increase salaries D. To control expenses
What should a salesperson do when dealing with a customer who wants to return an unsatisfactory item? A. Exchange the item B. Refer the customer to the manufacturer C. Consult the buyer D. Follow the business's selling policies
What is an internal factor that affects the selling policies of a business? A. Customer requests B. Actions of competitors C. Financial resources D. Government legislation
What is an internal factor that affects the selling policies of a business? A. Customer requests B. Actions of competitors C. Financial resources D. Government legislation