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

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

3. Which meeting is Jack's final farewell to the company?
(a) The annual GE 550 top leaders meeting.
(b) A Chamber of Commerce banquet..
(c) The annual training session.
(d) The semi-annual training session.

4. As GE begins redefining its markets, which industry is the first to be reorganized?
(a) Medical systems.
(b) Computer systems.
(c) Financial systems.
(d) Aircraft engine.

5. What is the term Jack coins for the process of people sitting down together spontaneously to hash out a complex issue?
(a) Brainstorming.
(b) Brain-raining.
(c) Wallowing.
(d) Wading.

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

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

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

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

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

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

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

13. 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 appoints Anne Abaya to be head of the company's human resources in Japan.
(c) He pays a senior female employee who speaks Japanese to be in an ad campaign.
(d) All the answers are correct.

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

15. Who co-wrote the book that blames Jack for the broadcast company's failure?
(a) Tom Brokaw.
(b) Grant Tinker.
(c) David Letterman.
(d) Jay Leno.

Short Answer Questions

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

2. Which scandalous investment banking firm does GE buy?

3. What is Gary Wendt's nickname?

4. What plays an important role in growing GE's services?

5. In the Epilogue, what does Jack once again stress as important to growing a business?

(see the answer keys)

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