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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. What does Sam do after he establishes a Wal-Mart on the boundaries of big cities?
(a) He hopes that those in the cities come out to his store.
(b) He moves onto other cities.
(c) He watches as the communities grow to meet the store.
(d) He watches the competition disappear.

2. By 1974, Wal-Mart has how many stores?
(a) 200.
(b) 150.
(c) 100.
(d) 50.

3. Sam always encourages competition. What does Sam think of this divisive stance?
(a) He sees that it is starting to injure the company.
(b) He sees it starting to benefit the company.
(c) He sees it as a good example of competition.
(d) He sees it as beneficial to the company.

4. ____________ is one store that expanded and had a distribution center that offered a superior product merchandise that Wal-Mart could offer their customers.
(a) Giant Eagle.
(b) Target.
(c) Kmart.
(d) Meijer.

5. What is Ferold Arend's position prior to coming to Wal-Mart?
(a) He is president of a Midwest variety chain store.
(b) He is the owner of a Midwest variety chain store.
(c) He is a cashier at a Midwest variety chain store.
(d) He is head of merchandise for the whole Midwest for a variety chain store.

Short Answer Questions

1. Sam is about to graduate with a degree in business and has plenty of energy, but is unsure ___________.

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

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

4. What have Sam and his employees mastered?

5. Behind whom do the older guys stand?

(see the answer key)

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