Sam Walton, Made in America: My Story Test | Mid-Book Test - Medium

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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. Now Wal-Mart has a profit-sharing policy for their employees that is currently ___________ at the time of publication.
(a) $18 billion.
(b) $1.8 million.
(c) $1.8 billion.
(d) $1.8 trillion.

2. 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) Earn extra money for his family.
(c) Make himself famous.
(d) Build up Wal-Mart's popularity.

3. It is due to _________ that the company has been able to outperform the competition?
(a) The managers.
(b) The associates.
(c) The Walton family members.
(d) The executives.

4. Sam has the personality of _______________.
(a) A promoter.
(b) A clown.
(c) A task master.
(d) Santa Claus.

5. What kind of farm does Sam's family have?
(a) A dairy farm.
(b) An apple farm.
(c) A turkey farm.
(d) A chicken farm.

Short Answer Questions

1. Sam is about to graduate with a degree in business and has plenty of energy, but is unsure ___________.

2. Don Whitaker comes to the Wal-Mart organization from TG&Y. He is a hard-working and smart man who establishes a great philosophy for the company. What is this philosophy?

3. After he and Helen marry, Sam aims to build his family financial structure similar to ____________.

4. Helen had to help Sam sign the notes to secure all the money and by the time it was ready, what had happened?

5. Sam is not interested in retail because __________________.

Short Essay Questions

1. With what traits does Sam say is is over-blessed? What does he do with these traits during his adolescence?

2. Why does Sam believe that Wal-Mart is successful? Why do other stores fail?

3. What does Sam do once Walton's Five and Dime is a success?

4. What does Sam admit to thinking about throughout most of his life? Who uses Sam's ideas to benefit Wal-Mart? How does this person do this?

5. How does the placing of Wal-Marts in specific types of locations benefit the company in regard to advertising?

6. How does Sam encourage family togetherness? How does he also continue to obsess over business matters at the same time?

7. What does Sam do while debating the idea of going public?

8. What does Wal-Mart have in regards to profit-sharing?

9. How is Sam's appreciation for the dollar further ingrained?

10. Describe Sam's family.

(see the answer keys)

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