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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 13.

Multiple Choice Questions

1. Even though McDonald business were booming and the company was showing a profit, they faced the problem of:
(a) Mismanagement.
(b) Bad publicity.
(c) No cash flow.
(d) Limited growth.

2. When did the Des Plaines McDonald's open?
(a) April 15, 1955.
(b) January 1, 1955.
(c) Summer, 1955.
(d) January, 1956.

3. Where does Kroc decide he is going at the end of the chapter?
(a) Las Vegas.
(b) Portland.
(c) California.
(d) Florida.

4. Approximately how much did the Twelve Apostles make from the deal?
(a) $5 million.
(b) $9.75 million.
(c) $12 million.
(d) $6 million.

5. When did McDonald's actually pay off the loan?
(a) 1983.
(b) 1972.
(c) 1991.
(d) 1969.

Short Answer Questions

1. Where was Hamburger University located?

2. When did McDonald's project they would payoff the loan?

3. What did McDonalds do for the first time in January 1961?

4. How did the McDonald brothers pioneer the fast-food business?

5. It cost Kroc how much to buyout the Frejlack Ice Cream interest in McDonalds?

(see the answer key)

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