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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. They officially close the door on ___________.
(a) Discount stores.
(b) Boutiques.
(c) Variety stores.
(d) Surplus stores.

2. What does Sam play everywhere he goes?
(a) Basketball.
(b) Football.
(c) Tennis.
(d) Golf.

3. Why does Sam realize he must get a career job and accepts a job from JC Penney?
(a) He cannot afford to go to Harvard Law.
(b) He cannot afford to go to Wharton School of Finance in Pennsylvania.
(c) He needs money.
(d) He no longer wants to continue going to school.

4. Initially why does Sam's superior questions whether he is good at retail?
(a) He does not seem interested in retail.
(b) He cannot sell products well.
(c) Although he can sell, his organization skills are not great.
(d) He is frequently late to work and staff meetings.

5. Sam suggests that if you want to be successful, you need to _______ to your own interests?
(a) Submerge them.
(b) Encourage them.
(c) Adhere to them.
(d) Support them.

Short Answer Questions

1. Sam believes that he was over-blessed with the traits of ____________.

2. Sam wants to organize everything and make it ____________.

3. What does Sam do after he establishes a Wal-Mart on the boundaries of big cities?

4. Sam wants to learn more about IBM computers to _________.

5. In 1962, four large companies started discount stores, including _____________ besides Wal-Mart?

(see the answer key)

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