Jack: Straight from the Gut Test | Mid-Book Test - Easy

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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. What does Jack say his book is about?
(a) Maintaining a simple approach and keeping an open mind.
(b) The wrongs he faced in corporate America.
(c) His keen leadership abilities.
(d) Buying his way to the top.

2. What is the one complaint that frustrates the employees who train at GE's learning center?
(a) It's too expensive to attend the training.
(b) Everything that works in training is not how it works out in the actual workplace.
(c) Everyone cannot attend the training.
(d) The breakfasts are always the same.

3. Which phrase sums up GE's core values and expectations during Jack's reign as CEO?
(a) Looking for the pot of gold at the end of the rainbow.
(b) Every cloud has a silver lining.
(c) Finding a better way every day.
(d) What goes up, must come down.

4. What is Jack's business philosophy of the 1980s?
(a) When a business is showing a loss, fix it on the surface and sell quickly.
(b) For a business to be profitable, it must have a margin of 90 percent or greater.
(c) For a business to be sustainable, it must have a long-range competitive solution.
(d) Use the media to make your company look like it's doing better than it really is.

5. What price does GE pay to purchase RCA?
(a) $3.6 billion.
(b) $6.3 million.
(c) $6.3 billion.
(d) $3.6 million.

6. How does Jack say strong teams are built?
(a) By appointing leaders who are louder than the others.
(b) By treating individuals differently.
(c) By treating all employees the same.
(d) By a good coach.

7. Which facility does Jack want to transform into a world-class center where ideas are spread in an open environment?
(a) Crotonville.
(b) NYC.
(c) Boston.
(d) Fairfield.

8. What expands GE's semiconductor, aerospace, and TV set business?
(a) Federal aid to companies.
(b) The Japanese.
(c) HD TV requirements.
(d) The purchase of RCA.

9. Why was Jack appointed CEO of the company?
(a) Jack was the retiring CEO's nephew.
(b) Everyone else was fired after the scandal. Jack was the only one with seniority.
(c) No one else wanted the job.
(d) The retiring CEO believes Jack is the one who can most effectively help the company change and grow.

10. How does Jack describe himself in Chapter 4 when he becomes a businessman?
(a) Insane.
(b) Confident.
(c) A braggart.
(d) Overwhelmed.

11. According to an employee evaluation system, which employees are passionate, innovative, open minded, and creative?
(a) Brown-nosers.
(b) Interns.
(c) A-players.
(d) Managers.

12. What does the learning/training curriculum show its participants?
(a) That the company spends a lot on training.
(b) Who is being considered for promotion.
(c) There is no single right way and often there is an alternate, better way.
(d) That the company invests a lot on training.

13. How old is Jack when he begins working at GE?
(a) 24.
(b) 31.
(c) 19.
(d) 22.

14. In which two areas of CEO duties does Jack quickly see he lacks skills?
(a) Dealing with human resources and internship programs.
(b) Dealing with sales reps and accounts payable.
(c) Dealing with the government and media.
(d) Dealing with employees and insurance companies.

15. What nickname does the media pin on Jack?
(a) Neuron Jack.
(b) Jimmy Neutron.
(c) Neutron Jack.
(d) Jackie Neutron.

Short Answer Questions

1. Which company originally used QMI?

2. Which non-labor department does Jack expand at his plastics facility in the 1970s?

3. In addition to being self-confident, what else does Jack believe is a large part of leadership?

4. What inspires Jack to pursue his Ph.D.?

5. What kind of environment does Jack say is best for making necessary changes and modernizing the company?

(see the answer keys)

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