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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. Now that Sam is out of debt, he feels he can really concentrate on _________.
(a) Spending time with his family.
(b) Executing his strategy for running large discount stores.
(c) Changing the face of Wal-Mart.
(d) Considering retirement.

2. Phil Green concocts __________.
(a) One of the most expensive advertising campaigns in Wal-Mart history.
(b) One of the most rediculous Wal-Mart stunts in history.
(c) One of the most famous displays in Wal-Mart history.
(d) One of the worst displays in Wal-Mart history.

3. Why is Ferold Arend hired?
(a) To take over Sam's position.
(b) To improve the technology at Wal-Mart.
(c) To be CEO of Wal-Mart.
(d) To push Wal-Mart into the best distribution center possible.

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

5. Sam wants to organize everything and make it ____________.
(a) Better for him.
(b) More financially solvent.
(c) Better and more efficient.
(d) More exciting.

Short Answer Questions

1. Sam describes Phil as a man who not only likes to swim upstream but also that he likes to do it __________.

2. Although Sam is a small man at only 130 pounds, he works very hard and gets his letter in the sport of ___________.

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

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

5. The biggest challenge Wal-Mart has right now at this growth period is what?

(see the answer key)

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