Question: The customer's decision - making process goes through three broad stages as they go through a typical buying decision. Which of the following is NOT
The customer's decisionmaking process goes through three broad stages as they go through a typical buying decision. Which of the following is NOT one of those stages?
Question options:
a
Realizing that a need exists
b
Looking at the options
c
Issuing a purchase order
d
Clearing up concerns, and making final choice
Question point
Economies of scale, factory location, linkages, capacity utilization and learning, are all:
Question options:
a
Ways of competing by differentiation
b
Cost drivers in the value chain
c
Niche strategies
d
Any of the above
Question point
The relationship management model discusses the three approaches to selling and the kinds of customer relationship they engender. What are the three approaches?
Question options:
a
'hunter', 'farmer', 'KAM'
b
'milk round', 'hunter', 'farmer'
c
'KAM', 'milk round', 'hunter'
d
'Duet', 'Diamond Team', 'KAM'
Question point
Value "beyond" the customer is not easy to measure because your customer the buyer. does not focus their attention there. Which of the following would NOT be of value to them?
Question options:
a
Price increase
b
Market development
c
Cost reduction
d
Quality improvement
Question point
The primary activities in the value chain model include all the following, except one:
Question options:
a
Procurement
b
Marketing and sales
c
Operations
d
Service
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