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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 7: Taking the Company Public.

Multiple Choice Questions

1. Is Sam's deal with Alice unusual?
(a) Yes.
(b) Only at first.
(c) No.
(d) Somewhat.

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

3. Sam enlists the help of Charlie Baum, whom he met ______________.
(a) While in college.
(b) While working at JC Penney.
(c) While working with the Ben Franklin store.
(d) In high school.

4. Don is a good example of another one of Sam's top talents. What is this talent?
(a) Choosing great managers.
(b) Choosing great advertisers.
(c) Choosing great employees.
(d) Choosing great leaders.

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

Short Answer Questions

1. Right away, Sam looks for other store opportunities and drives to Fayetteville to find a store whose only competitor is _________.

2. Sam finds a store in Bentonville, but almost does not get the business. Why?

3. He thinks many of these failed stores would still be open if they had remembered to ___________.

4. After he and Helen marry, Sam aims to build his family financial structure similar to ____________.

5. Sam describes Phil as a man who not only likes to swim upstream but also that he likes to do it __________.

(see the answer key)

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