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

2. Which aspect of GE's business is the first to introduce long-term service contracts for the company?
(a) Medical systems.
(b) Credit and financial.
(c) Appliances.
(d) Lighting.

3. Who initially questions GE's quality of products and services?
(a) Employees.
(b) A governmental investigation.
(c) Jack.
(d) Human resources.

4. 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.

5. What does Jack learn when he makes a trip to the company's facilities in Japan?
(a) There are already 14 women holding key positions.
(b) There are only 3 women holding key positions.
(c) The women working there did not meet his standards.
(d) Japanese women don't want to work for GE.

Short Answer Questions

1. As Jack attempts to buy the business that complements GE in various areas, what stumbling block does he face?

2. Who does Jack defeat in a 36-hole golf match played in Nantucket?

3. What is GE's only truly global business in the 1980s?

4. Which medical equipment becomes the fastest selling CT scan, with a tube life of 500,000 scans?

5. What allows GE to expand markets and find new customers?

Short Essay Questions

1. 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?

2. Briefly, why is Honeywell a good business for GE to buy?

3. Briefly discuss how globalization affects GE's development and American facilities.

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

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

6. Why does GE pass up opportunities to acquire high-tech companies in the late 1990s?

7. Discuss the rankings of GE's television stations CNBC, MSNBC and NBC in 2001. Why is NBC's ranking important?

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

9. What is the cause of Kidder, Peabody's legal trouble when GE is purchasing it and what scandal arises after the purchase is complete?

10. How does Jack improve his golf game?

(see the answer keys)

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