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

2. To what does Jack compare his first 10 years as CEO?
(a) Heaven.
(b) War.
(c) Primary school.
(d) Marriage.

3. Who does Golf Digest rank as the Number 2 CEO golfer?
(a) Bill Gates.
(b) Jack Welch.
(c) Scott McNealy.
(d) Reg Jones.

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

5. Who loves the idea of melding manufacturing with financial ingenuity?
(a) Bob.
(b) Jack.
(c) Reg.
(d) Tom.

6. As he leaves his position as GE's CEO, what type of workplace is Jack certain he built for the company?
(a) A bureaucracy.
(b) A monarchy.
(c) A meritocracy.
(d) A hierarchy.

7. What most improves Jack's golf game?
(a) Private lessons from Tiger Woods.
(b) Breaking down the mechanics to teach his wife.
(c) Watching golf videos throughout the week.
(d) Motivational yoga before hitting the greens.

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

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

10. According to Jack, what is growing services all about?
(a) Public relations.
(b) People.
(c) Insurance.
(d) Profits.

11. When melding manufacturing with financial ingenuity, what kinds of employees make the difference?
(a) Loyal.
(b) Nonchalant.
(c) Creative.
(d) Accountants.

12. To what does Jack credit the success of GE Capital?
(a) Brainstorming sessions at Crotonville.
(b) Incredible amounts of intensity, ingenuity, and entrepreneurship.
(c) Work-out sessions at the factories.
(d) Incredible creativity, science, and research.

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

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

15. Who initially questions GE's quality of products and services?
(a) A governmental investigation.
(b) Employees.
(c) Human resources.
(d) Jack.

Short Answer Questions

1. What kind of acquisitions does Jack pass up in the late 1990s?

2. What claim against GE does the Department of Justice investigate in 1991?

3. What is GE's only truly global business in the 1980s?

4. To which former U.S. president was Roger Ailes a political adviser?

5. Which India-based company becomes a GE partner in developing low-end, low-cost medical systems products?

(see the answer keys)

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