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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 10: Stepping Back.

Multiple Choice Questions

1. There are two main camps in the Wal-Mart organization. Who leads these camps?
(a) Ferold and Ron.
(b) His two sons.
(c) Helen and Sam.
(d) Helen and her father.

2. What is the first thing Sam does?
(a) He sends his sons to investigate the town.
(b) He moves into the town.
(c) He establishes a warehouse.
(d) He makes friends with those who run the town.

3. The biggest challenge Wal-Mart has right now at this growth period is what?
(a) Keeping the electronic section stocked.
(b) Buying food procucts at a low price and staying stocked.
(c) Buying health and beauty aids at a lower price and staying stocked.
(d) Attracting customers.

4. In 1939, he meets Hugh Mattingly who owns _____________.
(a) A discount store chain with 40 stores.
(b) The first Wal-Mart.
(c) A Ben Franklin store in town.
(d) A variety store chain with 60 stores.

5. His stores have been growing at a good rate, and he feels their success is partly due to placing stores __________.
(a) In poor neighborhoods.
(b) In the midwest.
(c) In large cities.
(d) In smaller towns.

Short Answer Questions

1. What is significant about Sam's bet regarding being an Eagle Scout?

2. Sam always encourages competition. What does Sam think of this divisive stance?

3. Sam admits to thinking about merchandising every day of his life since _____________.

4. He thinks many of these failed stores would still be open if they had remembered to ___________.

5. Wal-Mart starts building stores quickly by establishing ___________.

(see the answer key)

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