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

Multiple Choice Questions

1. Sam starts to hear about discounting companies. He knows that discounting is the way of the future but is fully immersed in what?
(a) Boutiques.
(b) Discount stores.
(c) Franchising.
(d) Variety stores.

2. Don Whitaker comes to the Wal-Mart organization from TG&Y. He is a hard-working and smart man who establishes a great philosophy for the company. What is this philosophy?
(a) Let's be number one. Let's be honest and hard-working.
(b) Let's be quick and quiet.
(c) Let's do it now and do it right.
(d) Let's be out front. Let's do it right. Let's get it done now and get on with it.

3. Do Sam's kids feel as though Sam was not around during their childhood?
(a) No.
(b) Yes.
(c) Sometimes.
(d) Often.

4. Sam describes Phil as a man who not only likes to swim upstream but also that he likes to do it __________.
(a) With weights on to show what he can really do.
(b) In the morning.
(c) Quickly.
(d) With a lot of attention.

5. Sam's appreciation for the dollar is further ingrained when he meets ______________.
(a) His first boss.
(b) His wife.
(c) His wife's father, L.S. Robson.
(d) His uncle, L.S. Robson.

Short Answer Questions

1. Sam purchases ____________ that only travels about 100 miles an hour.

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

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

4. Sam is always looking for new and different ways to do things and takes great pleasure in ___________.

5. What did going public do to Sam's family?

(see the answer key)

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