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

2. How does Jack plan to select a successor that the board will unite behind?
(a) By creating new board positions.
(b) By adding himself to the board upon his retirement.
(c) By asking the board nicely to support his successor.
(d) By deeply involving the board in the selection process.

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

4. What is GE's only truly global business in the 1980s?
(a) Finances.
(b) Credit.
(c) Televisions.
(d) Plastics.

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

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

7. To whom does GE sell its investment banking firm?
(a) Carpenter-Welch.
(b) Paine-Webber.
(c) Kidder, Peabody.
(d) Chase, Manhattan.

8. Which India-based company becomes a GE partner in developing low-end, low-cost medical systems products?
(a) Siemens.
(b) India, Inc.
(c) Wipro.
(d) Phillips.

9. Under the company's new culture, who is rewarded with GE stock options?
(a) The best of the Black Belts.
(b) Green Belts and above.
(c) All the Black Belts only.
(d) All who complete training.

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

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

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

13. What kind of acquisitions does Jack pass up in the late 1990s?
(a) High-tech companies.
(b) Women-owned companies.
(c) Work-from-home companies.
(d) Grant-funded companies.

14. Which aspect of GE's business is most successful in India?
(a) Medical systems.
(b) Lighting.
(c) Financial services.
(d) Appliances.

15. Where is Jack's successor introduced?
(a) At an economic briefing hosted by president-elect George W. Bush.
(b) In a highly televised press conference.
(c) In expensive primetime advertising on ABC.
(d) At the company picnic.

Short Answer Questions

1. In GE's Internet business, what is the new role of salespeople?

2. How does investment banker Joseph Jett rip off the company?

3. Who earns the title "Father of GE Global Activity"?

4. How long does it take GE to build the number 1 ultrasound imaging technology?

5. Which GE teams get projects including improving call centers, increasing factory capacity, and reducing billing errors and inventory?

(see the answer keys)

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