View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 5: Raising a Family.

Multiple Choice Questions

1. What does Sam admit was the biggest mistake of his business career?
(a) Purchasing of a shopping center.
(b) Purchasing this Kmart.
(c) Purchasing this Ben Franklin.
(d) Purchasing this Woolworth.

2. Although Sam is a small man at only 130 pounds, he works very hard and gets his letter in the sport of ___________.
(a) Tennis.
(b) Football.
(c) Baseball.
(d) Basketball.

3. Sam believes that he was over-blessed with the traits of ____________.
(a) Understanding and empathy.
(b) Ambition and drive.
(c) Pride and jealousy.
(d) Love and kindness.

4. Back in the 1960s, with what was Sam more concerned, rather than quality?
(a) Keeping the prices lower than other company's prices for future success.
(b) Keeping the customers returning.
(c) Keeping large quantities of products in the store.
(d) Good advertising.

5. To encourage family togetherness, what does Sam do?
(a) He is his sons' Boy Scout leader.
(b) His family must not go anywhere without him.
(c) The family must be home for dinner every night.
(d) He plans family vacations every weekend.

Short Answer Questions

1. Sam is not interested in retail because __________________.

2. Why does Sam realize he must get a career job and accepts a job from JC Penney?

3. This book is Sam's attempt to __________________.

4. It is 1962 and many of the successful discounters are doing what, of which Sam seems to disapprove?

5. Although Sam considers himself a fairly conservative guy, he is a _________ in the world of business.

(see the answer key)

This section contains 327 words (approx. 2 pages at 300 words per page) View a FREE sample