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. Sam wants to organize everything and make it ____________.
(a) Better and more efficient.
(b) More financially solvent.
(c) More exciting.
(d) Better for him.

2. Sam's appreciation for the dollar is further ingrained when he meets ______________.
(a) His wife.
(b) His uncle, L.S. Robson.
(c) His wife's father, L.S. Robson.
(d) His first boss.

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

4. His stores have been growing at a good rate, and he feels their success is partly due to placing stores __________.
(a) In smaller towns.
(b) In large cities.
(c) In poor neighborhoods.
(d) In the midwest.

5. The idea of going public is brought up by __________.
(a) Mark Sykes.
(b) Matt Smitts.
(c) Marcus Stevens.
(d) Mike Smith.

Short Answer Questions

1. Back in the 1960s, with what was Sam more concerned, rather than quality?

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

3. Sam's father, Thomas Gibson Walton, is a very hard worker who was later remembered for _____________.

4. Where are Sam and Bud when they seriously consider the idea of going public?

5. No matter how efficient or advanced their distribution center is or how great their technology might be, _______________are the real key to Wal-Mart's success.

Short Essay Questions

1. How is Sam a maverick in the business world?

2. How does Rob help Sam with his debt? What are the results of Sam's fear of being in debt? How do both he and Helen feel about these results?

3. How did Sam help his family financially? What does he believe about the role of children in the family?

4. What can Sam do now that he is out of debt?

5. How does Sam feel about debts and loans?

6. What does Sam do when he is about to graduate from college?

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

8. How do Sam and Helen feel about leaving Newport? What are their plans now?

9. How would Sam spy on Kmart?

10. 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?

(see the answer keys)

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