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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. 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) $50,000 from the sale of the business.
(b) They have made many good friends.
(c) Many good business connections.
(d) An interest in retail.

2. What kind of farm does Sam's family have?
(a) An apple farm.
(b) A chicken farm.
(c) A dairy farm.
(d) A turkey farm.

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

4. 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?
(a) 90.
(b) 85.
(c) 98.
(d) 95.

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

Short Answer Questions

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

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

3. Sam buys stores in Little Rock, Springdale, and Siloam Springs, Arkansas, as well as Neodesha and Coffeyville, ___________.

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

5. In 1939, he meets Hugh Mattingly who owns _____________.

(see the answer key)

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