Sam Walton, Made in America: My Story Test | Final Test - Easy

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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. If your store can provide what they need, including low prices, guaranteed satisfaction, and a wide assortment of goods, can success assured?
(a) No.
(b) Sometimes.
(c) Usually.
(d) Yes.

2. Why do people continue to return to Wal-Mart?
(a) The advertising is good.
(b) It is close to home.
(c) It is inexpensive.
(d) If offers a better solution to the customers.

3. Sam has plenty of money. What could he have bought?
(a) An island on which to play with his grandchildren.
(b) A yacht.
(c) More vacation time.
(d) A larger home.

4. In Chapter 18, Sam reflects on _______.
(a) His whole life.
(b) His career.
(c) Wal-mart.
(d) His childhood.

5. Why has Sam pretty much fought all of the technological advances?
(a) He does not understand technology.
(b) He wants them to be justified.
(c) He does not like change.
(d) He does not trust technology.

6. What does Sam believe is in need of more funds?
(a) Missions.
(b) Education.
(c) The poor.
(d) Minority groups.

7. What does Sam play everywhere he goes?
(a) Basketball.
(b) Golf.
(c) Tennis.
(d) Football.

8. What does Sam encourage his management and associates to always do?
(a) Think of fun and interesting things to do in the store.
(b) Stay positive.
(c) Make work hours go by quickly.
(d) Work hard.

9. After Sam quasi-retired, financial analysts ___________.
(a) Publicly questioned a CEO who had stepped down from the leadership role.
(b) Publicly questioned a CEO that never steps down from the leadership role.
(c) Publicly questioned a CEO that could not really step down from the leadership role.
(d) Publicly questioned a CEO that would like to step down from the leadership role.

10. The focal point of their communications are ___________.
(a) The daily meetings.
(b) The Sunday meetings.
(c) The Saturday meetings.
(d) The annual meetings.

11. Wal-Mart gives an annual ____________ scholarship to a local student.
(a) $500.
(b) $2,000.
(c) $1,000.
(d) $1,500.

12. What is the reason that Wal-Mart has succeeded?
(a) It offers a superior alternative to the stores of the past.
(b) Investors love Wal-Mart and Sam.
(c) Sam is very intelligent.
(d) Sam was in the right place at the right time.

13. How do Sam and Helen involve themselves in pet projects?
(a) In small ways.
(b) Personally.
(c) Financially.
(d) Both financially and personally.

14. Jack Shewmaker comes into the picture as a potential candidate for ___________.
(a) Vice president.
(b) CEO.
(c) Upper management.
(d) President.

15. What is one of the most important changes in the Wal-Mart culture in recent years?
(a) New technology.
(b) Women in the workplace.
(c) The need for women managers on the floor.
(d) The need for female executives.

Short Answer Questions

1. Are there ups and downs in the Wal-Mart corporation?

2. Sam always encourages competition. What does Sam think of this divisive stance?

3. Although many people have contributed to the advances in technology at Wal-Mart, who gets the lion's share of gratitude from Sam?

4. The annual stockholders meeting is an extension of the Wal-Mart culture so that ____________.

5. When did Wal-Mart take on Kmart?

(see the answer keys)

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