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

2. Sam and his brother Bud go into business together and purchase outright ______________.
(a) An old Meijer store in Ruskin Heights.
(b) An old Woolworth store in Ruskin Heights.
(c) An old Kmart store in Ruskin Heights.
(d) An old Ben Franklin store in Ruskin Heights.

3. What is significant about Sam's bet regarding being an Eagle Scout?
(a) He never became an Eagle Scout.
(b) He is the youngest in the state of Missouri at the time.
(c) He helped his sons become Eagle Scouts.
(d) He never truly wanted to be a Boy Scout.

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) Target.
(b) Meijer.
(c) Giant Eagle.
(d) Kmart.

5. Sam is about to graduate with a degree in business and has plenty of energy, but is unsure ___________.
(a) Where his future lies.
(b) Where he wants to live.
(c) If he wants to go to graduate school.
(d) If he wants to be in business.

Short Answer Questions

1. Sam has the personality of _______________.

2. Sam and Helen are disappointed to leave Newport, but they do have one benefit from their five years working there. What is this benefit?

3. On what does Sam concentrate?

4. The biggest challenge Wal-Mart has right now at this growth period is what?

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

(see the answer key)

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