Sam Walton, Made in America: My Story Test | Final 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 reflects on what __________ has done for him and his family.
(a) Faith.
(b) Good luck.
(c) Great wealth.
(d) Intelligence.

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

3. Sam notes ____________ regarding the idea that many consider him to be on the cutting edge of technology?
(a) Many executives would disagree.
(b) Many executives would not be surprised.
(c) Many executives would agree.
(d) Many executives snicker.

4. Behind whom do the older guys stand?
(a) Ferold.
(b) Bob.
(c) Rob.
(d) Helen.

5. What does Sam believe are what will continue to keep the customers coming back to shop at your store?
(a) A large inventory.
(b) Personal touches.
(c) Low prices.
(d) Persuasive advertising.

Short Answer Questions

1. Sam explains the difference between Wal-Mart and a number of other potentially-profitable businesses is that _________.

2. What is rule number one?

3. Sam has created a unique culture at Wal-Mart where managers meet ________.

4. What is rule number five?

5. After Sam quasi-retired, financial analysts ___________.

Short Essay Questions

1. Describe the reason why Wal-Mart succeeds?

2. What happens to the company when Sam retires?

3. How does Sam counter the argument that Wal-Mart has destroyed the small shops in rural towns?

4. Describe Wal-Mart's run-in with Kmart.

5. Who has been involved the most in the advancements in technology for Wal-Mart?

6. What are five rules given by Sam for running a successful company?

7. When Sam decides to become less involved with the business, what two camps remain?

8. Describe Wal-Mart and Sam by 1974.

9. What is Sam's motto that he frequently repeats?

10. What happens when Sam comes out of retirement?

(see the answer keys)

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