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. He learns from a very early age that children should do what?
(a) Be pampered.
(b) Be responsible for contributing to their family just as much as the adults and should not be considered 'takers."
(c) Be seen and not heard.
(d) Be ignored.

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

3. Sam and Helen are disappointed to leave Newport, but they do have one benefit from their five years working there. What is this benefit?
(a) Many good business connections.
(b) They have made many good friends.
(c) An interest in retail.
(d) $50,000 from the sale of the business.

4. Why does Sam realize he must get a career job and accepts a job from JC Penney?
(a) He no longer wants to continue going to school.
(b) He needs money.
(c) He cannot afford to go to Harvard Law.
(d) He cannot afford to go to Wharton School of Finance in Pennsylvania.

5. What did Sam have to do when the family was on vacation?
(a) He had to deal with harrassing competition.
(b) He had to check out stores along the way.
(c) He had to promote his company.
(d) He had to forget about work.

Short Answer Questions

1. At the time, nobody wants to invest in the idea with Bud putting only 3 percent into it and another manager from Texas putting in 2 percent. Other than that, Sam had to come up with what percent of the financing on his own?

2. Sam talks about the impact of the business on _________.

3. Sam was born in ___________.

4. 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?

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

(see the answer key)

This section contains 329 words (approx. 2 pages at 300 words per page) View a FREE sample