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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. Although Sam considers himself a fairly conservative guy, he is a _________ in the world of business.
(a) Oddity.
(b) Liberal.
(c) Maverick.
(d) Conservative.

2. What would Sam do when he would drop Alice off at a horse show?
(a) He would sit in the car and wait for her to finish.
(b) He would help her get ready.
(c) He would sit at the top of the grand stand and cheer her on.
(d) He would sneak off to check out other stores for competition.

3. 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.

4. The one mistake that Helen cannot forgive Sam for _________________.
(a) Not becoming an insurance salesman.
(b) Not making enough money.
(c) Being a businessman.
(d) Letting the company go public and becoming the richest man in the country.

5. Sam starts to hear about discounting companies. He knows that discounting is the way of the future but is fully immersed in what?
(a) Boutiques.
(b) Variety stores.
(c) Franchising.
(d) Discount stores.

Short Answer Questions

1. Sam and Charlie create the _______ self-service style variety store in the country and the first one in the eight-state area.

2. Phil Green concocts __________.

3. How do the children have just as high a stake in the family business as their parents?

4. How does Sam feel never being on a losing team helped him?

5. Sam is not interested in retail because __________________.

(see the answer key)

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