|Name: _________________________||Period: ___________________|
This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. By the time all the changes in management at Wal-Mart are over, roughly how much of the upper management team is gone?
2. What does Sam believe are what will continue to keep the customers coming back to shop at your store?
3. What is rule number one?
4. He has had the time of his life running Wal-Mart, but has been wondering _________.
5. The feeling of excitement about the work environment is called ___________.
Short Essay Questions
1. What does Sam say to support his philosophy of thinking small?
2. What are five rules given by Sam for running a successful company?
3. How does Sam counter the argument that Wal-Mart has destroyed the small shops in rural towns?
4. How does the increase in re-urbanization benefit Wal-Mart?
5. How does he give back? Why does he give back in this way?
6. Describe the reason why Wal-Mart succeeds?
7. How does Sam motivate his employees?
8. Describe the annual stockholder meetings.
9. What has been Sam's behavior toward technological advances?
10. Describe Wal-Mart's run-in with Kmart.
Write an essay for ONE of the following topics:
Essay Topic 1
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 2
Sam wants to leave a legacy.
Part 1) What legacy does he seem to want to leave? How do you know this?
Part 2) Does he believe he did the right things with his life? Why or why not? Do you believe he would do anything differently if he had it to do all over again? Why or why not?
Part 3) What legacy would you like to leave? Why?
Essay Topic 3
The "Saturday Night Massacre" is well-known among those in the Wal-Mart culture.
Part 1) What is the "Saturday Night Massacre?" Why is it so significant? Why does it occur?
Part 2) What does it reveal or reinforce about Sam? How does it benefit the company?
Part 3) What message does the "Saturday Night Massacre" send to those in the company, as well as outside Wal-Mart? How can other businesses and organizations learn from Sam's ideals that are reinforced through the "Saturday Night Massacre?"
This section contains 1,247 words
(approx. 5 pages at 300 words per page)