Research, Small Business and Sales Staff Quiz

This quiz is designed to test your knowledge of these modules of the “Research“, “Small Business” and “Managing Sales Staff” lessons in the Business Models Courses.

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The pass mark is 700 out of a potential 1000 points, 100 for each question.

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Research, Small Business and Sales Staff Quiz

Aspects of Intellectual Property in your business that you need to know about include; –
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When searching the internet, remember that; –
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According to the English Oxford dictionary, research is defined as “the systematic investigation into and study of materials and resources in order to establish facts and reach new conclusions”.

Investors are usually savvy people, that’s how they got the money to invest in the first place!! They will be happy to invest with you as long as you have a business plan.

When training Sales people, ensure they have this knowledge; –
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The Sales process includes the following steps; –
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If your product isn’t selling because of issues with advertising, marketing, competition or price, then that is fixable, and it must be attended to. If, however the product isn’t selling because the public simply doesn’t want it, then the business will be successful.

The advantages of employing staff, as opposed to contractors are;-
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Focus groups are often used in market research, to allow a company or brand to get feedback on a new product. It may be used in the early stages of development to gauge consumer reaction to the product, and may later be used to discuss its packaging, advertising, price, promotion

A successful salesperson:-
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