|Name: _________________________||Period: ___________________|
This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 7: Taking the Company Public.
Multiple Choice Questions
1. Sam and Helen are disappointed to leave Newport, but they do have one benefit from their five years working there. What is this benefit?
(a) They have made many good friends.
(b) $50,000 from the sale of the business.
(c) An interest in retail.
(d) Many good business connections.
2. He thinks many of these failed stores would still be open if they had remembered to ___________.
(a) Be frugal.
(b) Take care of their customers and employees first.
(c) Hire someone like Sam.
(d) Support Wal-Mart.
3. Don is a good example of another one of Sam's top talents. What is this talent?
(a) Choosing great leaders.
(b) Choosing great advertisers.
(c) Choosing great employees.
(d) Choosing great managers.
4. Sam buys stores in Little Rock, Springdale, and Siloam Springs, Arkansas, as well as Neodesha and Coffeyville, ___________.
5. While debating the idea of going public, Sam flies around looking for _________.
(a) New executives.
(b) Locations for new stores.
(c) Someone to legally represent him.
(d) Another $1.5 million loan.
Short Answer Questions
1. ____________ is one store that expanded and had a distribution center that offered a superior product merchandise that Wal-Mart could offer their customers.
2. Sam would walk into some of the big discount retailers and ask to speak with their top executives, introducing himself as "Sam Walton from Bentonville." Why would he do this?
3. Sam's father, Thomas Gibson Walton, is a very hard worker who was later remembered for _____________.
4. Phil gets a great deal on a laundry detergent like Tide, and has 18 cases sent to his store and creates the world's largest display of detergents, stacking them almost __________ feet high?
5. Although Sam is a small man at only 130 pounds, he works very hard and gets his letter in the sport of ___________.
This section contains 321 words
(approx. 2 pages at 300 words per page)