Jack: Straight from the Gut Test | Final Test - Easy

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

Multiple Choice Questions

1. What allows GE to expand markets and find new customers?
(a) E-mail.
(b) E-business.
(c) Easy Internet advertising.
(d) Equal Opportunity Act.

2. Which aspect of GE's business is the first to introduce long-term service contracts for the company?
(a) Lighting.
(b) Credit and financial.
(c) Appliances.
(d) Medical systems.

3. What does Jack learn when he makes a trip to the company's facilities in Japan?
(a) There are already 14 women holding key positions.
(b) Japanese women don't want to work for GE.
(c) There are only 3 women holding key positions.
(d) The women working there did not meet his standards.

4. How does investment banker Joseph Jett rip off the company?
(a) He makes fictitious trades to inflate his own bonus.
(b) He takes money from the corporate safe.
(c) He takes all the office supplies and leaves with them.
(d) He installs a computer virus company wide.

5. Which program begins in 1996, changing GE's culture?
(a) Six Sigma.
(b) Six Pence.
(c) Six Degrees.
(d) Six Flags.

6. Who was ranked as the Number 1 CEO golfer by Golf Digest?
(a) Reg Jones.
(b) Scott McNealy.
(c) Bill Gates.
(d) Jack Welch.

7. What plays an important role in growing GE's services?
(a) Employee health care.
(b) Promotion.
(c) Expense reduction.
(d) Acquisition.

8. What does Larry Bossidy present on Jack's behalf at the CEC meeting?
(a) Six Sigma.
(b) Six Pence.
(c) Six Degrees.
(d) Six Flags.

9. To what is part of GE's annual $50 billion in goods and services transferred?
(a) Website production.
(b) Lighting development.
(c) Online auctions.
(d) Medical services.

10. Which GE teams get projects improving every day performance in their current positions?
(a) Yellow Belt.
(b) Red Belt.
(c) Green Belt.
(d) Black Belt.

11. What does Jack want to take out of the process of selecting a successor?
(a) Politics and divisiveness.
(b) Politics and insecurity.
(c) Politics and temptation.
(d) Politics and bribery.

12. By May 2001, which established TV show is Jack's competing with directly?
(a) Larry King Live.
(b) Donny Deutch's The Big Idea.
(c) Lou Dobb's Moneyline.
(d) Face the Nation.

13. Where are the two shops acquired by GE that reduce the company's cost of servicing engines?
(a) England and India.
(b) Wales and Brazil.
(c) Japan and India.
(d) New England and Greenwich.

14. Jack says China is more than a market. What does he say it is?
(a) A fast-growing competitor.
(b) A political obstacle.
(c) A huge obstacle.
(d) Not worth selling into.

15. What does GE reduce with its Internet sales?
(a) Profits.
(b) Paper.
(c) Loss.
(d) Customer satisfaction.

Short Answer Questions

1. What most improves Jack's golf game?

2. Under the company's new culture, who is rewarded with GE stock options?

3. To what does Jack compare his first 10 years as CEO?

4. Who does Golf Digest rank as the Number 2 CEO golfer?

5. Which deal secures Japanese distributor Nagase & Co. as GE's new partner?

(see the answer keys)

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