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) The purchase of RCA.
(c) HD TV requirements.
(d) The Japanese.

2. What does Jack learn from GE veterans about the company's routine employee appraisals?
(a) They are no more than routinely written forms of false kindness.
(b) They are used for firing people, never for promoting them.
(c) They have had the same typographical error for years.
(d) They are valuable tools in assessing job performance.

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

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

5. During which holiday is Jack's replacement named?
(a) Hanukah.
(b) Christmas.
(c) Thanksgiving.
(d) Independence Day.

6. What does Jack learn he must do in order to succeed at GE?
(a) He must work in the boiler room with the lowest paid employees.
(b) He must go back to college for extra classes.
(c) He must practice better hiring procedures.
(d) He must learn all about the company.

7. Why does Jack get frustrated with the plastics inventors?
(a) They don't get excited about innovation.
(b) All they think about his getting their products sold.
(c) They demand higher pay.
(d) They don't understand entrepreneurship.

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

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

10. 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 the government and media.
(c) Dealing with employees and insurance companies.
(d) Dealing with sales reps and accounts payable.

11. Jack says it is important for managers to know when...
(a) To quit and when to fire.
(b) To hold them and when to fold them.
(c) To hug and when to kick.
(d) To walk away and know when to run.

12. What are the human resources meetings called that are held at each GE business location?
(a) Subgroup 2.
(b) Section A.
(c) Session C.
(d) Series 1.

13. Who replaces Jack as CEO of General Electric?
(a) Jeff Immelt.
(b) Reg Jones.
(c) Harry Drickman.
(d) Roy Johnson.

14. What does QMI stand for?
(a) Quick Market Intelligence.
(b) Quick Market Interference.
(c) Quick Market Insulators.
(d) Quick Meaningful Intercommunication.

15. Who does Jack succeed as CEO of General Electric?
(a) Roy Johnson.
(b) Jeff Immelt.
(c) Harry Drickman.
(d) Reg Jones.

Short Answer Questions

1. During his high school years, who teaches Jack the value of competition?

2. What service began in 1993 to help dealers sell their appliances?

3. What is Jack's title at the new GE plastics plant?

4. Which of the following is not a job held by young Jack?

5. What company does Jack try to buy to increase GE's exposure?

(see the answer keys)

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