Preview Questions Sales Manager (Bancassurance) | Role Specific Skill

Question 1: How can a Sales Manager track product performance and make data-driven decisions in bancassurance?

Which action should you take?

Choose only one option

By prioritizing the most recently launched products

By focusing solely on agent performance metrics

By looking only at overall revenue generated

By comparing product sales performance against market trends and targets

Question 2: What sales strategy should be adopted when launching a new bancassurance product in a competitive market?

Which action should you take?

Choose only one option

Emphasize the unique selling proposition (USP) of the product

Introduce a complex product lineup to capture market share

Focus on volume sales with low margins

Rely on heavy discounts and promotions

Question 3: Which strategy is most effective for fostering collaboration in a bancassurance sales team?

Which action should you take?

Choose only one option

Conducting frequent meetings

Organizing team-building activities

Offering group incentives

Implementing peer evaluation systems

Question 4: How can CRM software be effectively used to improve client relationship management in bancassurance?

Which action should you take?

Choose only one option

By automating follow-ups

By centralizing client information

All of the above

By tracking interaction history

Question 5: What is a critical step in designing a sales incentive plan for bancassurance?

Which action should you take?

Choose only one option

Setting identical targets across all branches

Focusing only on individual performance

Excluding operational staff from incentive programs

Tailoring incentives based on regional sales performance

Question 6: How can a Sales Manager ensure that team members are aligned with the organization's vision and goals?

Which action should you take?

Choose only one option

By rewarding only top performers

By setting personal goals for each team member

By assigning roles without discussion

By conducting regular team meetings to discuss the vision