|Name: _________________________||Period: ___________________|
This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. Now Wal-Mart has a profit-sharing policy for their employees that is currently ___________ at the time of publication.
2. Sam would walk into some of the big discount retailers and ask to speak with their top executives, introducing himself as "Sam Walton from Bentonville." Why would he do this?
3. In 1962, four large companies started discount stores, including _____________ besides Wal-Mart?
4. Sam enlists the help of Charlie Baum, whom he met ______________.
5. When Sam did not like the attention given to him and his family by the press, he put a lid on the personal information released to the public. What happened because of this reason according to Sam?
Short Essay Questions
1. What does Sam do once Walton's Five and Dime is a success?
2. Describe, in general, this period of time for Wal-Mart.
3. How does he give back? Why does he give back in this way?
4. How does Sam counter the argument that Wal-Mart has destroyed the small shops in rural towns?
5. How does Sam decide where to build a Wal-Mart? Why?
6. How did Sam help his family financially? What does he believe about the role of children in the family?
7. Describe Sam's family.
8. What has been Sam's behavior toward technological advances?
9. What is taking place in the world of discount stores in 1962?
10. Describe the annual stockholder meetings.
Write an essay for ONE of the following topics:
Essay Topic 1
This book is written to clear up misconceptions about Sam Walton, his family, and his business.
Part 1) What misunderstandings does Sam discuss in this book? How have these misunderstandings occurred? Why does Same feel it is important to clear up these misunderstandings?
Part 2) What does this desire to clear his name reveal about Sam Walton? What ideas did you have regarding Sam Walton and his business prior to reading this book? How did you come about these beliefs?
Part 3) Has Sam been able to alter your opinion of him? Why or why not? What have you learned from reading this book?
Essay Topic 2
As a child, Sam learns how hard it is to earn a dollar.
Part 1) Describe Sam's childhood. How did Sam learn the difficulties in earning a living?
Part 2) What role did the Great Depression play in Sam's learning of this? How does this idea of hard work affect him throughout his life?
Part 3) Is hard work important in your own life? Why or why not? Do you agree with Sam that it is difficult to earn a living? Why or why not?
Essay Topic 3
Competition is important to Sam.
Part 1) How does Sam show that competition is important? Why is it important to Sam? Do you agree with him? Why or why not? Would he feel this way about competition if it started to hurt his company? Why or why not?
Part 2) How does Sam argue that competition and evolution are good? Do you agree with his argument? Why or why not?
Part 3) How is competition found in you own life? How have you benefited from competition?
This section contains 2,653 words
(approx. 9 pages at 300 words per page)