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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. Sam attends the University of Missouri since he is already well-known in Columbia and joins what fraternity?
(a) Beta Tau Beta.
(b) Sigma Phi Epsilon.
(c) Phi Tau.
(d) Beta Theta Pi.

2. With what does Sam not want to deal that plague stores in bigger cities?
(a) Theft.
(b) Wealthy clientele.
(c) A lack of space for building.
(d) Real estate issues, legal quandaries, and zoning problems.

3. It is 1962 and many of the successful discounters are doing what, of which Sam seems to disapprove?
(a) Selling low-quality products.
(b) Driving fancy cars and living in large homes.
(c) Building new stores.
(d) Buying out stores.

4. He thinks many of these failed stores would still be open if they had remembered to ___________.
(a) Hire someone like Sam.
(b) Take care of their customers and employees first.
(c) Be frugal.
(d) Support Wal-Mart.

5. This period of time dictates a __________ period of growth for Wal-Mart.
(a) Decent.
(b) Large.
(c) Minimal.
(d) Small.

Short Answer Questions

1. By 1974, Wal-Mart has how many stores?

2. When he is 14, Sam saves a boy from ____________.

3. Sam would walk into some of the big discount retailers and ask to speak with their top executives, introducing himself as "Sam Walton from Bentonville." Why would he do this?

4. Sam is not interested in retail because __________________.

5. Behind whom do the older guys stand?

(see the answer key)

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