Sam Walton, Made in America: My Story Test | Final Test - Hard

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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. Sam suggests that if you want to be successful, you need to _______ to your own interests?

2. Sam notes ____________ regarding the idea that many consider him to be on the cutting edge of technology?

3. Their large private fleet of __________ is one of the largest in the country as well to give them the flexibility they need?

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

5. Wal-Mart gives an annual ____________ scholarship to a local student.

Short Essay Questions

1. What happens to the company when Sam retires?

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

3. What does Sam say to support his philosophy of thinking small?

4. What has been Sam's behavior toward technological advances?

5. Why is Sam able to write this book?

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

7. What happens when Sam comes out of retirement?

8. Describe the reason why Wal-Mart succeeds?

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

10. Describe Wal-Mart and Sam by 1974.

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Wal-Mart has benefited from technology.

Part 1) Describe this technology. How has his belief about putting others first and being willing to let go of ego benefited his company, in respect to technological advances?

Part 2) How has competition also encouraged technological advancement and evolution? How have other companies been hurt by Sam's willingness to trust others and allow for risks to take place?

Part 3) How has technology changed during your own lifetime? How important is technology in your own life? Why?

Essay Topic 2

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 3

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?

(see the answer keys)

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