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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 15: Thinking Small.

Multiple Choice Questions

1. No matter how efficient or advanced their distribution center is or how great their technology might be, _______________are the real key to Wal-Mart's success.
(a) The executives.
(b) The Walton family members.
(c) The associates.
(d) The managers.

2. Now that Sam is out of debt, he feels he can really concentrate on _________.
(a) Changing the face of Wal-Mart.
(b) Spending time with his family.
(c) Considering retirement.
(d) Executing his strategy for running large discount stores.

3. 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) 25.
(b) 50.
(c) 200.
(d) 100.

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

5. For a variety of reasons, Rob convinces Sam to do what with his debt?
(a) Split his debt into a few small personal loans.
(b) Reconsolidate it into one large loan for the business.
(c) Split his debt into many small loans for the business.
(d) Reconsolidate it into one large personal loan.

Short Answer Questions

1. Sam has one motto that he repeats frequently in the book and to anyone who will listen to him. What is this motto?

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

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

4. The average time lapse between when stores request additional merchandise and when they receive it is roughly how many days?

5. A number of employees have gained a great deal of financial wealth from ____________.

(see the answer key)

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