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

2. The biggest challenge Wal-Mart has right now at this growth period is what?
(a) Keeping the electronic section stocked.
(b) Buying food procucts at a low price and staying stocked.
(c) Attracting customers.
(d) Buying health and beauty aids at a lower price and staying stocked.

3. Sam was born in ___________.
(a) Indianapolis, Indiana.
(b) Oklahoma City, Oklahoma.
(c) Kingfisher, Oklahoma.
(d) Tulsa, Oklahoma.

4. What would Sam do when he would drop Alice off at a horse show?
(a) He would sit at the top of the grand stand and cheer her on.
(b) He would help her get ready.
(c) He would sit in the car and wait for her to finish.
(d) He would sneak off to check out other stores for competition.

5. Phil gets a great deal on a laundry detergent like Tide, and has 18 cases sent to his store and creates the world's largest display of detergents, stacking them almost __________ feet high?
(a) 100.
(b) 25.
(c) 50.
(d) 200.

Short Answer Questions

1. What does Sam admit was the biggest mistake of his business career?

2. Sam is not interested in retail because __________________.

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

4. Right away, Sam looks for other store opportunities and drives to Fayetteville to find a store whose only competitor is _________.

5. No matter how hard Sam's father worked or how many different jobs he had, what happened?

(see the answer key)

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