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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. Sam wants to learn more about IBM computers to _________.
(a) Use computer technology just because he likes it.
(b) Be ahead of the competition.
(c) Be cool.
(d) See what digital technology can do for Wal-Mart.

2. It is 1962 and many of the successful discounters are doing what, of which Sam seems to disapprove?
(a) Selling low-quality products.
(b) Buying out stores.
(c) Building new stores.
(d) Driving fancy cars and living in large homes.

3. How do the children have just as high a stake in the family business as their parents?
(a) He makes every member of the family a partner in the family business.
(b) He threatens each child.
(c) He gives each child money to spend or save.
(d) If he cannot earn enough money, neither do they.

4. After he and Helen marry, Sam aims to build his family financial structure similar to ____________.
(a) How the Robsons created their family fortune.
(b) How his boss created his fortune.
(c) How his father had created their family fortune.
(d) How other wealthy men had built their fortunes.

5. Sam believes that he was over-blessed with the traits of ____________.
(a) Love and kindness.
(b) Understanding and empathy.
(c) Pride and jealousy.
(d) Ambition and drive.

Short Answer Questions

1. Why does Sam buy a little bank in Bentonville?

2. In 1962, four large companies started discount stores, including _____________ besides Wal-Mart?

3. Sam and his brother Bud go into business together and purchase outright ______________.

4. What do the Walton kids all have to do?

5. Sam is always looking for new and different ways to do things and takes great pleasure in ___________.

(see the answer key)

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