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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. Although Sam is a small man at only 130 pounds, he works very hard and gets his letter in the sport of ___________.
(a) Football.
(b) Baseball.
(c) Basketball.
(d) Tennis.

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

3. Now that Sam is out of debt, he feels he can really concentrate on _________.
(a) Changing the face of Wal-Mart.
(b) Considering retirement.
(c) Spending time with his family.
(d) Executing his strategy for running large discount stores.

4. Why is Ferold Arend hired?
(a) To improve the technology at Wal-Mart.
(b) To push Wal-Mart into the best distribution center possible.
(c) To take over Sam's position.
(d) To be CEO of Wal-Mart.

5. When he is 14, Sam saves a boy from ____________.
(a) Getting hit by a car.
(b) A wild boar.
(c) Starving to death.
(d) Drowning.

Short Answer Questions

1. Sam would walk into some of the big discount retailers and ask to speak with their top executives, introducing himself as "Sam Walton from Bentonville." Why would he do this?

2. Before Wal-Mart, what did the Waltons like to do?

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

4. 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?

5. Wal-Mart starts building stores quickly by establishing ___________.

(see the answer key)

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