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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. In 1962, four large companies started discount stores, including _____________ besides Wal-Mart?
(a) Kmart, Woolworth, Sears, and Meijer.
(b) Kmart, Woolworth, Woolco, and Target.
(c) Meijer, Giant Eagle, Kmart, and Target.
(d) Giant Eagle, Target, Woolco, and Woolworth.

2. Phil Green concocts __________.
(a) One of the most rediculous Wal-Mart stunts in history.
(b) One of the worst displays in Wal-Mart history.
(c) One of the most famous displays in Wal-Mart history.
(d) One of the most expensive advertising campaigns in Wal-Mart history.

3. How does Sam feel never being on a losing team helped him?
(a) It helps him trust others to be losers.
(b) It makes him never want to be a loser.
(c) It helps him not trust losers.
(d) It helps him believe that he can always win.

4. Sam talks about the impact of the business on _________.
(a) The United States.
(b) The world.
(c) His family.
(d) His community.

5. Sam buys stores in Little Rock, Springdale, and Siloam Springs, Arkansas, as well as Neodesha and Coffeyville, ___________.
(a) Oklahoma.
(b) Nebraska.
(c) Arkansas.
(d) Kansas.

Short Answer Questions

1. With what announcement does Sam Walton start the book?

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

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

4. He learns from a very early age that children should do what?

5. Don Whitaker comes to the Wal-Mart organization from TG&Y. He is a hard-working and smart man who establishes a great philosophy for the company. What is this philosophy?

(see the answer key)

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