Relationship Marketing: Where Personal Selling Fits

This question bank verified by Studydeets
All Questions
Filter by:
Question 1
Free
True/False

The purpose of business is to increase the general well-being of humankind through the sale of goods and services.

Choose correct answer/s

True

False

Check answer
Question 2
Free
True/False

Before the Great Depression,few firms had either sales or marketing departments.

Choose correct answer/s

True

False

Check answer
Question 3
Free
True/False

A transaction is a trade of values between two parties.

Choose correct answer/s

True

False

Check answer
Question 4
Free
True/False

Soon after World War II,most firms focused on training salespeople in effective selling techniques and developing products to meet the needs of customers.

Choose correct answer/s

True

False

Check answer
Question 5
Free
True/False

One of the fundamental beliefs of the marketing concept is that all company planning and operations should be customer oriented.

Choose correct answer/s

True

False

Check answer
Question 6
True/False

The difference between the selling and marketing concepts is that in selling the emphasis is on customers' wants.

Choose correct answer/s
True
False
To unlock the question
Question 7
True/False

A company practicing the marketing concept bends consumer demand to fit the company's supply.

Choose correct answer/s
True
False
To unlock the question
Question 8
True/False

Marketing helps generate sales by providing the quality of service customers expect.

Choose correct answer/s
True
False
To unlock the question
Question 9
True/False

A firm's marketing mix consists of product,price,place,and performance.

Choose correct answer/s
True
False
To unlock the question
Question 10
True/False

The typical salesperson sells either goods or services,but not both.

Choose correct answer/s
True
False
To unlock the question
Question 11
True/False

A "product" is a bundle of tangible attributes,while intangible attributes are called a "service."

Choose correct answer/s
True
False
To unlock the question
Question 12
True/False

There are two types of products: consumer and industrial.

Choose correct answer/s
True
False
To unlock the question
Question 13
True/False

The corporate marketing department determines each product's initial price.

Choose correct answer/s
True
False
To unlock the question
Question 14
True/False

"Household" refers to a decision-making unit buying for personal use.

Choose correct answer/s
True
False
To unlock the question
Question 15
True/False

"Government" is an organization that supplies goods and services to households and firms.

Choose correct answer/s
True
False
To unlock the question
Question 16
True/False

Wholesalers are in the distribution channels exclusively for industrial products,whereas retailers deal with consumer products.

Choose correct answer/s
True
False
To unlock the question
Question 17
True/False

The promotional element of the marketing mix is designed to increase company sales by communicating product information to potential customers.

Choose correct answer/s
True
False
To unlock the question
Question 18
True/False

Firms typically spend more money on advertising and promotion than on the sales force.

Choose correct answer/s
True
False
To unlock the question
Question 19
True/False

The trend in relationship marketing today is away from creating customers for tomorrow to selling well to customers today.

Choose correct answer/s
True
False
To unlock the question
Question 20
True/False

Relationship marketing is based on an idea that important customers need continuous attention.

Choose correct answer/s
True
False
To unlock the question