|Name: _________________________||Period: ___________________|
This test consists of 15 multiple choice questions and 5 short answer questions.
Multiple Choice Questions
1. The concept of the variety store changed drastically over the years from the fully-serviced variety store to ___________.
(a) The discount model.
(b) The fully-serviced discount model.
(c) The partially-serviced style.
(d) The self-service style.
2. Sam reflects on what __________ has done for him and his family.
(a) Good luck.
(b) Great wealth.
3. How do Sam and Helen involve themselves in pet projects?
(b) Both financially and personally.
(c) In small ways.
4. 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.
5. The average time lapse between when stores request additional merchandise and when they receive it is roughly how many days?
6. With what is Sam greatly concerned?
(a) Minority groups.
(c) Tax evasion.
7. Sam loves quail hunting after being introduced to it by __________.
(a) His father.
(c) Mike Smith.
(d) Helen's father.
8. How has Sam always felt about competition?
(a) It is dangerous.
(b) It is a good thing.
(c) It is a bad thing.
(d) It is a waste of time.
9. What does each store still apply?
(a) Their own philosophies.
(b) The same basic philosophies that were integtral in the firs few stores.
(c) Their own building model.
(d) The same building model.
10. The focal point of their communications are ___________.
(a) The annual meetings.
(b) The daily meetings.
(c) The Saturday meetings.
(d) The Sunday meetings.
11. Does Sam believe he is as hands-on as other managers?
12. What does Sam encourage his management and associates to always do?
(a) Stay positive.
(b) Make work hours go by quickly.
(c) Work hard.
(d) Think of fun and interesting things to do in the store.
13. Why is Sam able to sit down and help write the book?
(a) He is sick.
(b) He is retired.
(c) He is interested in writing a book.
(d) He no longer works for Wal-Mart.
14. Why do people continue to return to Wal-Mart?
(a) It is inexpensive.
(b) It is close to home.
(c) The advertising is good.
(d) If offers a better solution to the customers.
15. To what does Sam compare the results of Wal-Mart's popularity?
(a) The evolution of man.
(b) It is evolution similar to that of buggy horses to cars.
Short Answer Questions
1. What is rule number seven?
2. Behind whom do the older guys stand?
3. Many people have argued that Wal-Mart has done what to the small shops in rural towns?
4. By the time all the changes in management at Wal-Mart are over, roughly how much of the upper management team is gone?
5. Are there ups and downs in the Wal-Mart corporation?
This section contains 463 words
(approx. 2 pages at 300 words per page)