|Name: _________________________||Period: ___________________|
This test consists of 15 multiple choice questions and 5 short answer questions.
Multiple Choice Questions
1. What was the accepted business philosophy of the 1980s?
(a) If a business is profitable, don't get out or change it.
(b) If a business is profitable, sell while the stock shares are high.
(c) If a business is profitable, save money by laying off a few people.
(d) If a business is profitable, constantly find ways to make it more profitable.
2. Who blows up one of GE's factories?
3. What service began in 1993 to help dealers sell their appliances?
(b) In-house financing.
(c) Store credit.
(d) GE Credit Corp.
4. Who replaces Jack as CEO of General Electric?
(a) Harry Drickman.
(b) Jeff Immelt.
(c) Reg Jones.
(d) Roy Johnson.
5. In Chapter 13, when does GE deadline its goal to become a $100 billion company with $10 billion in profits?
(a) By 2000.
(b) By 1990.
(c) By 1999.
(d) By 2025.
6. Why does Jack choose to build fitness centers in some facilities?
(a) His employees are obese and need a workout.
(b) It is a place everyone can use and a place to exchange thoughts and ideas.
(c) He can get an insurance kickback.
(d) He can cut employee health insurance plans.
7. Jack says it is important for managers to know when...
(a) To quit and when to fire.
(b) To walk away and know when to run.
(c) To hold them and when to fold them.
(d) To hug and when to kick.
8. What does Jack say his book is about?
(a) His keen leadership abilities.
(b) Buying his way to the top.
(c) The wrongs he faced in corporate America.
(d) Maintaining a simple approach and keeping an open mind.
9. What does GE implement to produce positive growth results and exceed the company's goal?
(a) Mind- and market-expanding.
(b) Old-fashioned company picnics.
(c) New energy saving light bulbs.
(d) New eco-friendly ideas.
10. What company does Jack try to buy to increase GE's exposure?
(a) Cox Communications.
(b) Sun Records.
(c) NPR Radio.
(d) Fox News Network.
11. How does Jack describe himself in Chapter 4 when he becomes a businessman?
(b) A braggart.
12. What inspires Jack to pursue his Ph.D.?
(a) His wife.
(b) He gets full tuition paid by the ROTC.
(c) His wife's father wants his son-in-law to be a "doctor" of some sort.
(d) Not being able to find a job due to economic recession.
13. Which of the following is not a job held by young Jack?
(a) Shoe salesman.
(b) Theater janitor.
(c) Newspaper carrier.
(d) Mail carrier.
14. Who is Jack's first professional mentor at GE?
(a) Burt Coplan.
(b) Dr. Harry Drickman.
(c) Dr. Dan Fox.
(d) Lee Iacocca.
15. What is Jack's highest level of education when he begins working at GE?
Short Answer Questions
1. Where does Jack move to when he's promoted as one of five sector executives?
2. Which two new-hires become important advisers to Jack for the remainder of his career with the company?
3. Where does Jack choose to advertise his plant's new plastics?
4. What are the human resources meetings called that are held at each GE business location?
5. What is unique about the GE learning/training facility's curriculum?
This section contains 540 words
(approx. 2 pages at 300 words per page)