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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. This book is Sam's attempt to __________________.
(a) Clear the misconceptions about him, his business, and most importantly, his views on how to build a successful company.
(b) Build up Wal-Mart's popularity.
(c) Earn extra money for his family.
(d) Make himself famous.

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

3. Although Sam considers himself a fairly conservative guy, he is a _________ in the world of business.
(a) Liberal.
(b) Conservative.
(c) Oddity.
(d) Maverick.

4. What have Sam and his employees mastered?
(a) Convincing towns to support a Wal-Mart.
(b) Many stores and the art of doing business with low expenses and low prices.
(c) Building the same stores all over the country.
(d) The art of deception.

5. Phil gets a great deal on a laundry detergent like Tide, and has 18 cases sent to his store and creates the world's largest display of detergents, stacking them almost __________ feet high?
(a) 50.
(b) 200.
(c) 100.
(d) 25.

Short Answer Questions

1. Why does Sam tell Abe Marks that he does not need their systems?

2. Sam's appreciation for the dollar is further ingrained when he meets ______________.

3. Why does Sam realize he must get a career job and accepts a job from JC Penney?

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

5. When does Wal-Mart become a publicly-traded company?

(see the answer key)

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