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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. To encourage family togetherness, what does Sam do?
(a) He plans family vacations every weekend.
(b) The family must be home for dinner every night.
(c) He is his sons' Boy Scout leader.
(d) His family must not go anywhere without him.

2. While debating the idea of going public, Sam flies around looking for _________.
(a) New executives.
(b) Locations for new stores.
(c) Another $1.5 million loan.
(d) Someone to legally represent him.

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

4. ____________ is one store that expanded and had a distribution center that offered a superior product merchandise that Wal-Mart could offer their customers.
(a) Kmart.
(b) Giant Eagle.
(c) Meijer.
(d) Target.

5. Sam has the personality of _______________.
(a) A promoter.
(b) A task master.
(c) A clown.
(d) Santa Claus.

Short Answer Questions

1. Although Sam considers himself a fairly conservative guy, he is a _________ in the world of business.

2. The reason that other stores fail is because ____________.

3. Sam is about to graduate with a degree in business and has plenty of energy, but is unsure ___________.

4. What do Sam and Bob have Sam's son Rob do for them?

5. When does Wal-Mart become a publicly-traded company?

(see the answer key)

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