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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. What does Sam do everywhere he travels?
(a) He has to check out the competition.
(b) He has to promote his business.
(c) He has to visit friends.
(d) He has to fight the competition.

2. Although there have been a number of changes in the Wal-Mart industry over the years, the Walton family still collectively owns __________ of their own business, which is rare for a major corporation.
(a) 48 percent.
(b) 38 percent.
(c) 68 percent.
(d) 58 percent.

3. Sam and Helen are disappointed to leave Newport, but they do have one benefit from their five years working there. What is this benefit?
(a) An interest in retail.
(b) Many good business connections.
(c) They have made many good friends.
(d) $50,000 from the sale of the business.

4. What does Sam do after he establishes a Wal-Mart on the boundaries of big cities?
(a) He moves onto other cities.
(b) He hopes that those in the cities come out to his store.
(c) He watches as the communities grow to meet the store.
(d) He watches the competition disappear.

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

Short Answer Questions

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

2. What does Sam admit was the biggest mistake of his business career?

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

4. His stores have been growing at a good rate, and he feels their success is partly due to placing stores __________.

5. Don is a good example of another one of Sam's top talents. What is this talent?

(see the answer key)

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