Jack: Straight from the Gut Test | Final Test - Medium

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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

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

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

3. What does Jack say that honesty and single agendas build?
(a) Trouble to the bank account.
(b) Better relationships.
(c) A boring work environment.
(d) Mutiny.

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

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

Short Answer Questions

1. What does Jack decide is the best way to differentiate GE from Japanese companies?

2. When GE bought RCA in 1985, which national television station was included in the deal?

3. What results in greater customer intimacy for GE?

4. Which aspect of GE's business is most successful in India?

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

Short Essay Questions

1. Briefly explain why the Honeywell deal falls through and which organization is responsible.

2. As Jack reflects on his GE career, what qualities does he consider to be successful in business?

3. Discuss the importance of "Black Belts" and "Green Belts" in the GE corporate climate.

4. When does Jack begin the search for his successor, and how does he want to change the process of finding the company's next CEO?

5. What is GE's first attempt at globalization in India and what is the outcome?

6. How do the services offered by GE Capital change from the 1970s to the 1990s?

7. Who is Jack's successor and where is he introduced?

8. What is "wallowing" and how does GE use it?

9. Why does GE find itself under investigation for its industrial diamond business and what is the result?

10. Briefly discuss how GE redefines its airplane services in 1995.

(see the answer keys)

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