1.
For every 5 potential sales the average sales person closes how many?
Correct Answer
C. 1
Explanation
The correct answer is 1 because the question asks for the number of sales closed by the average sales person for every 5 potential sales. This means that out of 5 potential sales, the average sales person only closes 1 sale.
2.
The average sales person in the US sells how many vehicles per month?
Correct Answer
C. 8
Explanation
The correct answer is 8. This suggests that the average sales person in the US sells 8 vehicles per month.
3.
According to the Gallup Poll the car sales industry has the lowest:
Correct Answer
C. Standard of ethics
Explanation
The correct answer is "Standard of ethics". This means that according to the Gallup Poll, the car sales industry is perceived to have the lowest ethical standards compared to other industries. This suggests that the industry may have a reputation for unethical practices or behaviors, which could potentially impact consumer trust and confidence in car sales.
4.
TNT is the acronym for Tactical Network Training – the strategies and tactics that change how you do business.
Correct Answer
A. True
Explanation
The given statement is true because TNT is indeed the acronym for Tactical Network Training. This training focuses on teaching strategies and tactics that can bring about a change in the way a business operates.
5.
A day without a goal is partially wasted, be sure to have a POD- which stands for "Plan of the Day."
Correct Answer
A. True
Explanation
Having a goal for the day is important because it gives us direction and purpose. Without a goal, we may end up wasting our time and not accomplishing anything meaningful. A "Plan of the Day" (POD) refers to a specific plan or agenda that outlines the tasks and objectives to be achieved during the day. Having a POD helps us stay organized, prioritize our tasks, and work towards our goals efficiently. Therefore, it is true that a day without a goal is partially wasted, and having a POD can help us make the most of our day.
6.
____ percent of sales professionals sell to _____ percent of the buying public.
Correct Answer
C. 20-80
Explanation
The answer "20-80" suggests that 20 percent of sales professionals are able to sell to 80 percent of the buying public. This means that a small percentage of sales professionals are highly effective and successful in their sales efforts, while the majority of the buying public is receptive to their sales pitches. This could be due to various factors such as the sales professionals' skills, strategies, or the suitability of their products or services for the majority of the buying public.
7.
In this industry there is a sincere lack of...
Correct Answer
D. Healthy self-image
Explanation
In this industry, a healthy self-image is lacking. This means that individuals within the industry do not have a positive perception of themselves. This can have a negative impact on their confidence, motivation, and overall performance. A healthy self-image is important as it allows individuals to have a strong sense of self-worth and belief in their abilities. Without it, individuals may struggle to overcome challenges, take risks, and achieve their full potential.
8.
The number one reason a salesperson never asks for the sale is the fear of rejection.
Correct Answer
A. True
Explanation
Many salespeople often hesitate to ask for the sale because they are afraid of being rejected by the customer. Rejection can be disheartening and may affect their confidence. This fear of rejection can prevent them from closing deals and ultimately hinder their success in sales. By acknowledging and overcoming this fear, salespeople can become more proactive in asking for the sale and increasing their chances of closing deals.
9.
Of the four potential sales the average sales person misses, how many purchase a vehicle within the next 48 to 72 hours.
Correct Answer
A. 3
Explanation
The correct answer is 3 because the question asks for the number of potential sales that result in a vehicle purchase within the next 48 to 72 hours. Out of the four potential sales, the average sales person misses three of them, meaning that only one potential sale results in a vehicle purchase within the given time frame.
10.
What are the 2 most common reasons that the salesperson misses these additional sales?
Correct Answer(s)
A. Never asks for the sale.
C. Fear of rejection.
Explanation
The two most common reasons that the salesperson misses additional sales are because they never ask for the sale and they have a fear of rejection. By not actively seeking to close the deal or ask for the sale, the salesperson may miss out on potential opportunities. Additionally, the fear of rejection can prevent the salesperson from confidently engaging with the client and making a persuasive pitch, ultimately leading to missed sales.