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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. Why is Ferold Arend hired?
(a) To improve the technology at Wal-Mart.
(b) To take over Sam's position.
(c) To push Wal-Mart into the best distribution center possible.
(d) To be CEO of Wal-Mart.

2. When the company becomes divided, behind whom do the younger guys line up?
(a) Rob.
(b) Helen.
(c) Bob.
(d) Ron.

3. They officially close the door on ___________.
(a) Boutiques.
(b) Variety stores.
(c) Surplus stores.
(d) Discount stores.

4. The annual stockholders meeting is an extension of the Wal-Mart culture so that ____________.
(a) Investors will want to invest more.
(b) Investors can work for Wal-Mart.
(c) Sam can impress his investors.
(d) Investors can get a real taste for what the company is all about.

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

Short Answer Questions

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

2. Sam starts to hear about discounting companies. He knows that discounting is the way of the future but is fully immersed in what?

3. Has Wal-Mart always treated its employees as well as it should have?

4. Sam would walk into some of the big discount retailers and ask to speak with their top executives, introducing himself as "Sam Walton from Bentonville." Why would he do this?

5. Helen had to help Sam sign the notes to secure all the money and by the time it was ready, what had happened?

(see the answer key)

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