Chapter 1 Flashcards

0
Q

Relationship selling

A

Building relationships
Doing more
Working with customers
Improving inefficiencies

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1
Q

Transactional selling

A

A series of transactions each involving separate organizations entering into an independent transaction involving the delivery of a product or service in return for compensation

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2
Q

Leading vs managing

A

Communicating vs controlling
Coach vs boss
Empowering vs directing

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3
Q

Sales management process

A
  1. Formulation
  2. Implementation
  3. Evaluation & control
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4
Q

Laws relevant to sales programs

A

Antitrust
Consumer protection
Equal employment

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5
Q

Demarketing

A

Sales force must help administer rationing programs which allocate scarce supplies according to customer purchase history

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6
Q

Corporate culture

A

Shape attitudes/actions of employees and help determine kinds of plans policies and procedures salespeople and their managers can implement

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