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 GE teams get projects including improving call centers, increasing factory capacity, and reducing billing errors and inventory?
(a) Black Belt.
(b) Yellow Belt.
(c) Red Belt.
(d) Green Belt.

2. When GE bought RCA in 1985, which national television station was included in the deal?
(a) CBS.
(b) ABC.
(c) CNN.
(d) NBC.

3. How many years before his planned retirement does Jack begin the process of selecting a successor?
(a) 7 months.
(b) 7 weeks.
(c) 7 days.
(d) 7 years.

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

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

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

7. Which scandalous investment banking firm does GE buy?
(a) Chase, Manhattan.
(b) Kidder, Peabody.
(c) Paine-Webber.
(d) Neiman, Marcus.

8. What does Jack decide is the best way to differentiate GE from Japanese companies?
(a) He promotes GE as the employer of choice for women.
(b) He pays a senior female employee who speaks Japanese to be in an ad campaign.
(c) All the answers are correct.
(d) He appoints Anne Abaya to be head of the company's human resources in Japan.

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

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

11. Which business complements GE in various areas, but does not have products that directly overlap?
(a) Samsung.
(b) Honeywell.
(c) Phillips.
(d) British Airways.

12. To which former U.S. president was Roger Ailes a political adviser?
(a) Gerald Ford.
(b) Ronald Regan.
(c) George W. Bush.
(d) George H.W. Bush.

13. 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.

14. What claim against GE does the Department of Justice investigate in 1991?
(a) Price-fixing of stereos.
(b) Price-fixing of TVs.
(c) Price-fixing of diamonds.
(d) Price-fixing of home surround sound systems.

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

Short Answer Questions

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

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

3. Who transforms GE Capital from a purely financial business into a thriving business that uses deal-making for operational skills?

4. As Jack expands GE into globalization, what happens to U.S. jobs and facilities?

5. By May 2001, which established TV show is Jack's competing with directly?

(see the answer keys)

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