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. 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.
(a) The associates.
(b) The managers.
(c) The executives.
(d) The Walton family members.

2. While debating the idea of going public, Sam flies around looking for _________.
(a) New executives.
(b) Locations for new stores.
(c) Someone to legally represent him.
(d) Another $1.5 million loan.

3. Sam describes Phil as a man who not only likes to swim upstream but also that he likes to do it __________.
(a) In the morning.
(b) With weights on to show what he can really do.
(c) Quickly.
(d) With a lot of attention.

4. After he and Helen marry, Sam aims to build his family financial structure similar to ____________.
(a) How his father had created their family fortune.
(b) How his boss created his fortune.
(c) How the Robsons created their family fortune.
(d) How other wealthy men had built their fortunes.

5. He learns from a very early age that children should do what?
(a) Be seen and not heard.
(b) Be ignored.
(c) Be pampered.
(d) Be responsible for contributing to their family just as much as the adults and should not be considered 'takers."

Short Answer Questions

1. With what announcement does Sam Walton start the book?

2. Why does Sam buy a little bank in Bentonville?

3. Is this sharing of information considered a success?

4. The idea of going public is brought up by __________.

5. A number of employees have gained a great deal of financial wealth from ____________.

Short Essay Questions

1. 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?

2. How does Sam decide where to build a Wal-Mart? Why?

3. Who plants the idea in Sam's mind of going public? How does he do this?

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

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

6. 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?

7. Describe Sam's family.

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

9. How does Sam feel about debts and loans?

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

(see the answer keys)

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