Review Questions

  1. 8-1 According to the Strategic/Consultative–Selling Model, what are the three prescriptions for the development of a successful customer strategy?

  2. 8-2 List and describe the three most common types of organizational buying situations.

  3. 8-3 Describe the five major stages in the typical buying process.

  4. 8-4 List and describe three value-creation selling approaches that appeal to various types of customers.

  5. 8-5 According to the buyer resolution theory, a purchase is made only after the prospect has made five buying decisions. What are they?

  6. 8-6 Explain how Maslow’s hierarchy of needs affects buyer behavior.

  7. 8-7 Describe the four group influences that affect buyer behavior.

  8. 8-8 What is meant by the term “perception”?

  9. 8-9 J. D. Power, founder of J.D. Power and Associates, says, “We define quality as what the customer wants.” Do you agree or disagree with his observations? Explain your answer.

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