|Name: _________________________||Period: ___________________|
This test consists of 5 short answer questions and 1 (of 3) essay topics.
Short Answer Questions
1. The Wal-Mart concept with variety stores allowed people to ___________.
2. What are the consequences of the competition between Wal-Mart and Kmart?
3. Sam delineates the top ____ rules that helped him achieve the success that he enjoys with Wal-Mart.
4. The focal point of their communications are ___________.
5. What are a regular part of the Wal-Mart culture and partnership?
Essay Topic 1
One of Sam's top talents is choosing employees.
Part 1) How is this proven? Why does this become an important talent?
Part 2) What are his other talents? How are these talents revealed? How are these talents important? How are they connected to each other?
Part 3) What talents do you possess? How do they impact your daily life? How might you use them to your advantage throughout your life?
Essay Topic 2
Sam opens Walton's Five and Dime, which become a success.
Part 1) What leads up to Sam opening Walton's Five and Dime? How does he prepare to open his own store?
Part 2) Why is it so successful? What does this success foreshadow?
Part 3) What does Sam learn from opening and running this first store? How does he use this knowledge later?
Essay Topic 3
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?
This section contains 1,743 words
(approx. 6 pages at 300 words per page)