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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. Sam is about to graduate with a degree in business and has plenty of energy, but is unsure ___________.
(a) Where he wants to live.
(b) If he wants to be in business.
(c) If he wants to go to graduate school.
(d) Where his future lies.

3. He decides to run for the student body president and wins by doing one important move. What is that move?
(a) Bribing his fellow students with money or passing grades.
(b) He speaks to people before they speak to him.
(c) Recruiting followers.
(d) Blackmailing some of the student body.

4. Before Wal-Mart, what did the Waltons like to do?
(a) Ride horses.
(b) Go fishing.
(c) Go to the opera.
(d) Go camping.

5. Sam purchases ____________ that only travels about 100 miles an hour.
(a) A helicopter.
(b) A little plane.
(c) A bus.
(d) A little car.

Short Answer Questions

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

2. Sam finds a store in Bentonville, but almost does not get the business. Why?

3. What would Sam do when he would drop Alice off at a horse show?

4. Although there have been a number of changes in the Wal-Mart industry over the years, the Walton family still collectively owns __________ of their own business, which is rare for a major corporation.

5. Sam and Charlie create the _______ self-service style variety store in the country and the first one in the eight-state area.

(see the answer key)

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