Professional Documents
Culture Documents
1.
Success or failure within the hospitality industry ultimately rests on the ability
to __________ .
2.
3.
4.
The newer view is that salespeople should know how to analyze sales
__________ , measure market __________ , gather market __________ ,
develop marketing __________ and plans, and become proficient at the use of
sales __________ .
5.
Objectives ensure that __________ goals are met. Goals may include
revenue, market share, improving corporate image, and many others.
6.
By establishing specific values for business that has already been booked,
hotel managers can encourage salespeople to increase the __________ of
existing resources. If salespeople have clearly established goals and
objectives for a second chance to increase their rewards, they may work
harder to achieve goals.
7.
8.
9.
Companies often __________ their sales forces along market segment lines.
10. The obvious advantage of market specialization is that each sales force can
become knowledgeable about specific market __________ .
11. The importance of marketing __________ , such as wholesalers, tour
operators, travel agencies and junket reps, to the hospitality industry has
created sales force structures to serve marketing channels.
12. The __________ , __________ , and __________ of hospitality company greatly
affect the relative importance of travel intermediaries. This in turn affects
25. The 80/20 rule prevails within the hospitality industry. This concept says that
a __________ of a firms business comes from a __________ of its customers. .
26. Many accounts represent infrequent purchases or low-yield business. These
accounts cannot bear the cost of __________ sales calls or expensive
__________ .
27. The salesperson now tells the product story to the buyer, following the AIDA
formula of gaining __________ , holding __________ , arousing __________ ,
and obtaining __________ .
28. The two parties need to reach agreement on the price and other terms of
sale. Salespersons need to win the order without making deep __________
that will hurt profitability.
29. Sales quotas are often set __________ than the sales forecast in order to
stretch sales managers and salespeople to perform their best level.
30. The __________ -quota school sets quotas higher than most sales
representatives will achieve but are attainable.
31. The __________ -quota school sets quotas that a majority of the sales force
can achieve.
32. The __________ -quota school thinks individual differences among sales
representatives warrant high quotas for some and modest quotas for others.
33. Those who are paid mostly on __________ generally receive less supervision.
Those who are __________ and must cover definite accounts are likely to
receive substantial supervision.