View a FREE sample

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

Multiple Choice Questions

1. What have Sam and his employees mastered?
(a) The art of deception.
(b) Building the same stores all over the country.
(c) Convincing towns to support a Wal-Mart.
(d) Many stores and the art of doing business with low expenses and low prices.

2. When does Wal-Mart become a publicly-traded company?
(a) October 1, 1975.
(b) October 1, 1968.
(c) October 1, 1970.
(d) October 1, 1980.

3. 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.
(a) 68 percent.
(b) 58 percent.
(c) 48 percent.
(d) 38 percent.

4. What does Sam believe are what will continue to keep the customers coming back to shop at your store?
(a) Persuasive advertising.
(b) A large inventory.
(c) Personal touches.
(d) Low prices.

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

Short Answer Questions

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

2. Sam wants to organize everything and make it ____________.

3. What does Sam do everywhere he travels?

4. It is 1962 and many of the successful discounters are doing what, of which Sam seems to disapprove?

5. Sam's father, Thomas Gibson Walton, is a very hard worker who was later remembered for _____________.

(see the answer key)

This section contains 290 words (approx. 1 page at 300 words per page) View a FREE sample