|Name: _________________________||Period: ___________________|
This test consists of 15 multiple choice questions and 5 short answer questions.
Multiple Choice Questions
1. Unions have tried to organize at Wal-Mart. Have they been successful?
(b) Only at first.
(d) Not at first.
2. He learns from a very early age that children should do what?
(a) Be ignored.
(b) Be pampered.
(c) Be seen and not heard.
(d) Be responsible for contributing to their family just as much as the adults and should not be considered 'takers."
3. It is 1962 and many of the successful discounters are doing what, of which Sam seems to disapprove?
(a) Driving fancy cars and living in large homes.
(b) Building new stores.
(c) Buying out stores.
(d) Selling low-quality products.
4. Now Wal-Mart has a profit-sharing policy for their employees that is currently ___________ at the time of publication.
(a) $1.8 trillion.
(b) $1.8 billion.
(c) $1.8 million.
(d) $18 billion.
5. Ever since Sam took out his first bank loan, he has not been comfortable or happy with ___________.
6. Sam has the personality of _______________.
(a) A promoter.
(b) A clown.
(c) Santa Claus.
(d) A task master.
7. What does Sam do after the answer to number 88?
(a) He bribes the community counsel members into supporting his store.
(b) He runs the competition out of town.
(c) He pulls out a map, filling in every area in that market region.
(d) He encourages his new neighbors to support the building of a Wal-Mart.
8. On what was Sam too focused?
(a) His managers.
(b) Being competitive.
(c) His executives.
9. Now that Sam is out of debt, he feels he can really concentrate on _________.
(a) Executing his strategy for running large discount stores.
(b) Considering retirement.
(c) Spending time with his family.
(d) Changing the face of Wal-Mart.
10. This book is Sam's attempt to __________________.
(a) Clear the misconceptions about him, his business, and most importantly, his views on how to build a successful company.
(b) Build up Wal-Mart's popularity.
(c) Make himself famous.
(d) Earn extra money for his family.
11. What does Sam do after he establishes a Wal-Mart on the boundaries of big cities?
(a) He moves onto other cities.
(b) He watches as the communities grow to meet the store.
(c) He watches the competition disappear.
(d) He hopes that those in the cities come out to his store.
12. In 1939, he meets Hugh Mattingly who owns _____________.
(a) The first Wal-Mart.
(b) A variety store chain with 60 stores.
(c) A Ben Franklin store in town.
(d) A discount store chain with 40 stores.
13. In the beginning, why was Sam unable to pay the associates well?
(a) He had too many associates.
(b) He did not think they deserved to be paid well.
(c) He wanted to keep the money for himself.
(d) He was too cheap.
14. Sam admits to thinking about merchandising every day of his life since _____________.
(a) Since he met Helen's father.
(b) He was born.
(c) He started.
(d) Since his first job.
15. To encourage family togetherness, what does Sam do?
(a) He is his sons' Boy Scout leader.
(b) The family must be home for dinner every night.
(c) He plans family vacations every weekend.
(d) His family must not go anywhere without him.
Short Answer Questions
1. No matter how hard Sam's father worked or how many different jobs he had, what happened?
2. What have Sam and his employees mastered?
3. The idea of going public is brought up by __________.
4. When Sam did not like the attention given to him and his family by the press, he put a lid on the personal information released to the public. What happened because of this reason according to Sam?
5. ____________ is one store that expanded and had a distribution center that offered a superior product merchandise that Wal-Mart could offer their customers.
This section contains 655 words
(approx. 3 pages at 300 words per page)