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

2. Which GE business sold was the largest aerospace deal in history when it occurred in 1988?
(a) Cable business.
(b) TV manufacturing business.
(c) Refrigeration business.
(d) Semiconductor business.

3. How does the plastics industry fare in the 1970s?
(a) It almost falls through completely.
(b) Environmental concerns halt plastics production.
(c) It grows fast.
(d) One small flaw breaks the whole industry.

4. What was the accepted business philosophy of the 1980s?
(a) If a business is profitable, constantly find ways to make it more profitable.
(b) If a business is profitable, don't get out or change it.
(c) If a business is profitable, sell while the stock shares are high.
(d) If a business is profitable, save money by laying off a few people.

5. What is GE's TV manufacturing business traded for?
(a) France's TV manufacturing market.
(b) A cable TV network.
(c) A satellite business.
(d) Thomson's losing medical business.

6. Whose business management concepts does Jack use to support his ideas of good and bad business?
(a) Roy Johnson.
(b) Bill Druckerman.
(c) Reg Jones.
(d) Peter Drucker.

7. How long does it take Jack and his team to find a solution to their new plastics product?
(a) Six long years.
(b) Six months.
(c) Sixteen months.
(d) Six days.

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

9. What does Jack say is the only realistic form of job security?
(a) Satisfied customers.
(b) Government work.
(c) Teaching.
(d) Law enforcement.

10. Which magazine features Jacks "No. 1 or No. 2" strategy in a cover story?
(a) USA Today.
(b) Newsweek.
(c) Time.
(d) Forbes.

11. Who blows up one of GE's factories?
(a) Drickerson.
(b) Gutoff.
(c) Coplan.
(d) Jack.

12. What is unique about the GE learning/training facility's curriculum?
(a) It uses real GE issues instead of case studies from other companies.
(b) It is derived by Jack himself.
(c) It is set by the Department of Education.
(d) It is studied online.

13. Who throws a huge party for Jack to introduce him to important people?
(a) Roy Johnson.
(b) Reg Jones.
(c) The Harvard Alumni Association.
(d) Bill Druckerman.

14. How does Jack lose his college scholarship funded by the country club?
(a) He flirts with a member's wife.
(b) He breaks a window with a golf club.
(c) He insults a club member.
(d) He shows up for work drunk.

15. What, according to Jack, is GE's core competency?
(a) Cash.
(b) People.
(c) Credit.
(d) Factories.

Short Answer Questions

1. In which year was Jack appointed as CEO?

2. How does Jack resolve the complaint of the employees who have trained at the GE learning center?

3. What does Jack cut with the help of his CFO?

4. Which electrical insulator is deemed a hazardous material by the EPA?

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

(see the answer keys)

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