Examen 2 Flashcards

1
Q

Motivation and Control of the Sales Force

A

series of dynamic interpersonal processes that initiate, direct, intensify, and maintain work-related behaviors of sales personnel, oriented toward goals and objectives.

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2
Q

Direction

A

Physical and mental effort in an activity, choosing which activities to focus on.

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3
Q

Persistence

A

Duration of effort.

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4
Q

Intensity

A

Level of effort applied.

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5
Q

Content Theories

A

Hierarchy of Needs: People are motivated by a hierarchy of needs, progressing through psychological development and higher-order needs.

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6
Q

ERG Theory

A

Existence (physiological and security needs).
Affinity (social and esteem needs).
Growth (self-actualization).

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7
Q

Needs Theories:

A

• Power: Desire to dominate, influence, and have authority.
• Achievement: Mastery and completion of difficult tasks.
• Affiliation: Friendships and relationships with peers or customers.

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8
Q

Two-Factor Theory:

A

Satisfaction: Motivators (job itself).

Dissatisfaction: Hygiene factors (company policies, salary, safety, working conditions).

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9
Q

Equity Theory:

A

Employees compare their work contributions and rewards with others.

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10
Q

Expectancy Theory

A

Motivation is based on the expectation that effort will lead to desired performance and rewards.

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11
Q

Attribution Theory

A

Perception of events (success or failure) as internal or external, affecting effort levels.

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12
Q

Goal-Setting Theory

A

Motivation increases when clear goals are linked to rewards.

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13
Q

Organizational Behavior Modification (OBM):

A

Uses rewards and punishments to reinforce behaviors.

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14
Q

Positive Reinforcementv

A

Rewards to encourage behavior.

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15
Q

Punishment

A

Negative consequences to discourage behavior.

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16
Q

Negative Reinforcement:

A

Removing unpleasant conditions when desired behavior occurs.

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17
Q

Extinction

A

Ignoring undesired behavior to eliminate it.

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18
Q

Extrinsic Rewards:

A

Controlled by managers or customers.

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19
Q

Intrinsic Rewards:

A

Internal psychological or behavioral rewards.

20
Q

Potential Dangers of Incentive Programs

A

Competitive events are often short-term.

May lead to temporary sales increases but destroy morale if not managed properly.

21
Q

Sales Contests:

A

Used to motivate and reward staff for achieving goals. Must have clear purposes, prizes, and effectiveness evaluations.

22
Q

Sales Meetings:

A

Two-way communication opportunities between the sales team, marketing, and offices.

23
Q

Organizational Climate

A

Staff perceptions about their work situation.

24
Q

Organizational Commitment:

A

When employees identify with the company’s values and goals.

25
Q

Job Commitment:

A

Degree of employee participation in their work (high, medium, or low).

26
Q

Sales Training

A

Increases long-term profits, improves planning and selling skills, strengthens customer relationships, and reduces turnover.

27
Q

Assessing Training Needs

A

Identifying knowledge gaps.

28
Q

Training Content:

A

Prospecting, visit planning, sales presentations, handling objections, closing sales, follow-ups.

29
Q

Leadership Fundamentals:

A

Effective communication, influence, inspiration, ethical and moral values, and decision-making abilities.

30
Q

Leadership

A

is emotional and inspires people

31
Q

administration

A

involves planning, organizing, and controlling tasks.

32
Q

Personal Power

A

Expert power (skills, knowledge, intelligence).

33
Q

Position Power:

A

Legitimate power (authority), reward power, coercive power.

34
Q

Planning Process:

A
  1. Analyze the situation.
    1. Determine market potential and forecast sales.
    2. Set goals and objectives.
    3. Develop strategies.
    4. Allocate resources and budgets.
    5. Implement the plan.
    6. Evaluate and control performance.
35
Q

Market Potential:

A

Maximum industry sales possible.

36
Q

Sales Potential:

A

Maximum sales a company can achieve.

37
Q

Sales Forecasting:

A

Predicting future market demand for a product.

38
Q

Methods for Forecasting:

A

Qualitative: Executive opinions, sales force estimates, surveys.

Quantitative: Time-series analysis, regression analysis, econometric models.

39
Q

Sales Territory Management

A

A geographic area assigned to a salesperson.

40
Q

Sales Territory Review:

A

Identifying problems like overlapping territories, outdated assignments, or sales potential overestimation.

41
Q

Effective Time Management:

A

Prioritize sales activities, balance time between clients and paperwork, and optimize routes.

42
Q

Efficiency

A

focuses on cost reduction

43
Q

effectiveness

A

focuses on results.

44
Q

80/20 Rule:

A

80% of sales come from 20% of customers/products.

45
Q

Budget Planning Process:

A
  1. Analyze past performance.
    1. Identify market opportunities.
    2. Allocate resources to territories and activities.
    3. Monitor and adjust.