Chapter 10: Adding Value: Self-Leadership and Teamwork
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42. Which of the following is a difference between ABC analysis and Portfolio analysis?
ABC analysis requires statistical analysis, whereas portfolio analysis does not.
ABC analysis uses only one factor, whereas portfolio analysis uses two factors.
ABC analysis facilitates data manipulation, whereas portfolio analysis uses exact data.
ABC analysis is represented in a matrix form, whereas portfolio analysis is represented as a table.
ABC analysis is complex and less common, whereas portfolio analysis is simple and most often used.
43. When competitive position is strong:
accounts should advertise through telemarketing, direct mail, and the Internet.
accounts should advertise through posters, radios, billboards, and newspapers.
accounts should receive minimal personal selling effort since their competitive position is already strong.
accounts should receive a heavy investment where it is possible to strengthen the seller’s competitive position.
accounts should receive a heavy investment of effort and resources.
44. Ella is a salesperson at SalesQuarter Inc. She performs a two-factor analysis for account classification and finds that
the accounts are less attractive, offering low opportunity. Ella realizes that her accounts are in a weak competitive
position. In this scenario, which of the following selling strategies should Ella follow?
She should engage in heavy investment on the resources in this account.
she should allocate a moderate level of selling effort in order to maintain the current competitive position.
She should make heavy investment in the selling effort in an attempt to strengthen her competitive position.
She should use alternatives like telemarketing, direct mail, and the Internet.
she should advertise through telemarketing, direct mail, and the Internet.
45. Roger, a sales executive, has completed a survey of his selling area; he has located existing customers and prospects,
discovered their interests, and understands their motivation for buying products. He has also segregated these customers
and prospects into categories based on their potential as customers. In this scenario, Roger’s next step should be to:
establish a territory routing plan.
assess and evaluate his product.
tap technology and automation processes.
set goals and objectives.
develop and implement plans.
46. Juan, a sales executive, is involved in sales planning for the next eight months. In this case, Juan is making a(n)
_____.