Mid-Book Test - Hard
|Name: _________________________||Period: ___________________|
This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. Sam describes Phil as a man who not only likes to swim upstream but also that he likes to do it __________.
2. Sam is about to graduate with a degree in business and has plenty of energy, but is unsure ___________.
3. Sam and Helen are disappointed to leave Newport, but they do have one benefit from their five years working there. What is this benefit?
4. Ever since Sam took out his first bank loan, he has not been comfortable or happy with ___________.
5. Sam attends the University of Missouri since he is already well-known in Columbia and joins what fraternity?
Short Essay Questions
1. How does the placing of Wal-Marts in specific types of locations benefit the company in regard to advertising?
2. Describe the reason why Wal-Mart succeeds?
3. Why is Sam able to write this book?
4. Describe Wal-Mart and Sam by 1974.
5. Give an example of what Sam would do on family vacations.
6. Describe the annual stockholder meetings.
7. How does Sam motivate his employees?
8. Describe Wal-Mart's run-in with Kmart.
9. Describe, in general, this period of time for Wal-Mart.
10. What does Sam think about the way he has spent his life? What is the message he gives at the end of the book?
Essay Topic 1
Sam has the personality of a promoter.
Part 1) How does he have the personality of a promoter? How has he acquired this personality?
Part 2) How does this personality benefit him and his business? How does this personality also benefit others? How does it hurt other people and businesses in the process?
Part 3) Would someone with a personality such as this ever feel satisfied? Why or why not? Would you want to have a personality such as this? Why or why not?
Essay Topic 2
Sam credits the success of the business to the relationship between managers and their associates.
Part 1) Describe how Sam creates this type of relationship. How did this relationship evolve and develop over time? How was it improved over time?
Part 2) How does this relationship benefit business? How does it reflect the relationship between the business and the customer?
Part 3) How has the public been involved in Wal-Mart's growth? How does this benefit all involved? Why are unions not required, according to Sam? Do you agree? Why or why not?
Essay Topic 3
Sam has ten rules for running a successful company.
Part 1) What are these ten rules? How might Sam have come up with each rule?
Part 2) How can these be considered universal rules? How can they be helpful in any business environment?
Part 3) How can many of these rules be used in your own endeavors?
This section contains 1,148 words
(approx. 4 pages at 300 words per page)