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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 8: Rolling Out the Formula.

Multiple Choice Questions

1. Do Sam's kids feel as though Sam was not around during their childhood?
(a) Often.
(b) No.
(c) Sometimes.
(d) Yes.

2. The idea of going public is brought up by __________.
(a) Marcus Stevens.
(b) Mark Sykes.
(c) Matt Smitts.
(d) Mike Smith.

3. They officially close the door on ___________.
(a) Boutiques.
(b) Discount stores.
(c) Surplus stores.
(d) Variety stores.

4. Wal-Mart starts building stores quickly by establishing ___________.
(a) Deals with community leaders.
(b) A cookie-cutter strategy.
(c) A community.
(d) A friendship with the members of the towns.

5. At the time, nobody wants to invest in the idea with Bud putting only 3 percent into it and another manager from Texas putting in 2 percent. Other than that, Sam had to come up with what percent of the financing on his own?
(a) 85.
(b) 95.
(c) 98.
(d) 90.

Short Answer Questions

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

2. Where are Sam and Bud when they seriously consider the idea of going public?

3. How does placing stores in these small areas affect advertising?

4. While debating the idea of going public, Sam flies around looking for _________.

5. This period of time dictates a __________ period of growth for Wal-Mart.

(see the answer key)

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