Comprehensive Final Exam

16 Questions | Total Attempts: 99

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Comprehension Quizzes & Trivia

Questions and Answers
  • 1. 
    Once the deal stage changes to "Closed Won" and deal strength changes to recommended, given the choices below, what flow best illustrates the stages of a feature?
    • A. 

      Editorial, Merchant Managers, Sales, City Planning, Customer Service

    • B. 

      City Planning, Editorial, Sales, Customer Service

    • C. 

      City Planning, Customer Service, Editorial, Sales

    • D. 

      Merchant Managers, Editorial, City Planning, Customer Service

  • 2. 
    When do you have the initial discussion about a features fine print with the merchant?
    • A. 

      7-10 days befoer their feature date

    • B. 

      After you receive the rate confirmation

    • C. 

      During the first contact phone call

    • D. 

      Before you send out the rate confirmation

  • 3. 
    If your subscriber list is 100,000, and you want to achieve a 100 ppm, how much GP do you have to generate?
    • A. 

      25,000

    • B. 

      10,000

    • C. 

      50,000

    • D. 

      5,000

  • 4. 
    Who do I forward a contract to after the potential merchant replies with "I agree"?
  • 5. 
    What is the average food cost for a restaurant?
    • A. 

      28%-35%

    • B. 

      35%-45%

    • C. 

      19%-24%

    • D. 

      15%-22%

  • 6. 
    If a merchant asks, "How do I make money?"  What would be your response?
    • A. 

      Charging Groupon users a 15% surcharge

    • B. 

      Restrict Groupon users to your slowest times of the day/week

    • C. 

      Converting Groupon subscribers into regular cusomters

    • D. 

      Stipulating that the Groupon is only valid if the user reaches a check minimum

  • 7. 
    Who do I submit a request to if I need to make an editorial change?
    • A. 

      Jane Leyderman

    • B. 

      Editorial

    • C. 

      Zendesk

    • D. 

      Brandon Copple

  • 8. 
    If a merchant I featured goes out of business, who do I contact?
  • 9. 
    When a merchant wants to access their customer list, you should direct them to email [email protected]
    • A. 

      True

    • B. 

      False

  • 10. 
    When do I discuss the details of the editorial write-up with a potential merchant?
    • A. 

      After I receive the rate confirmation

    • B. 

      Before they reply back to the Rate Confirmation

    • C. 

      Only if editorial asks for additional information

    • D. 

      Once I receive the run date from my city planner

  • 11. 
    Based on our discussion of Yoga related deals, an 1 month unlimited pass with a value of $180.00, which one of these best represents a deal that would be featured on Groupon?
    • A. 

      $100

    • B. 

      $90

    • C. 

      $49

    • D. 

      $120

  • 12. 
    A steakhouse has a average transaction of $90 and an average entree of $30, which deal structure is most appropriate?
    • A. 

      $40 for $80

    • B. 

      $50 for $100

    • C. 

      $25 for $50

    • D. 

      $45 for $90

  • 13. 
    What are the five points in the rate confirmation that must be addressed with the merchant?
    • A. 

      2.5% credit card fee

    • B. 

      90 day noncompete

    • C. 

      Your total comission for the feature

    • D. 

      The profits their Groupon will generate

    • E. 

      Consumer Protection Law

    • F. 

      Payment structure

    • G. 

      Competitors will be calling/setting a goal

  • 14. 
    If a spa doesn't have a cancellation policy, depending on the circumstances, I can still put one in the fine print.
    • A. 

      True

    • B. 

      False

  • 15. 
    We can make exceptions for certain small merchants if they do not have a tax identification number.
    • A. 

      True

    • B. 

      False

  • 16. 
    Who should you contact for image changes on an editorial?
    • A. 

      Editorial

    • B. 

      Zendesk

    • C. 

      DSM

    • D. 

      Jane Leyderman