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

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

3. What is more important than strategy development?
(a) Getting the right people.
(b) Knowing what stock holders want.
(c) Hiring employees that don't demand a lot of benefits.
(d) Advertising.

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

5. Who does Jack defeat in a 36-hole golf match played in Nantucket?
(a) Warren Buffet.
(b) Bill Gates.
(c) Scott McNealy.
(d) Frank Rooney.

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

7. How long does it take GE to build the number 1 ultrasound imaging technology?
(a) Five years.
(b) Four years.
(c) Ten years.
(d) Three years.

8. What was the single biggest obstacle facing the television station now owned by GE?
(a) The spread of reality show popularity.
(b) The spread of satellite TV.
(c) The spread of HDTV.
(d) The spread of cable TV.

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

10. GE pays $3.5 million as punishment for its use of PCBs. What does the money fund?
(a) Landfill cleanup.
(b) River cleanup.
(c) A governmental bribe.
(d) Smog cleanup.

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

12. Which country's air force benefits from laundered GE money?
(a) Iran.
(b) United States.
(c) Afghanistan.
(d) Israel.

13. How does Department of Justice investigation against GE end?
(a) Jack gets a not guilty verdict.
(b) The case is dismissed.
(c) The company makes a plea arrangement.
(d) Jack pleads guilty to a misdemeanor.

14. Which congressional act addresses PCB site cleanup?
(a) The Super Clean Act.
(b) The PCB Act.
(c) The Superfund Act.
(d) The Cleanup Fund Act.

15. 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 installs a computer virus company wide.
(d) He makes fictitious trades to inflate his own bonus.

Short Answer Questions

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

2. How many years before his planned retirement does Jack begin the process of selecting a successor?

3. Who initially questions GE's quality of products and services?

4. When does David Letterman move his show to CBS?

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

(see the answer keys)

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