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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 15: Thinking Small.

Multiple Choice Questions

1. On what does Sam concentrate?
(a) His employees.
(b) His family.
(c) His customers.
(d) Himself.

2. What does competition do to Wal-Mart?
(a) It makes it stronger and more honed on the marketplace than it might have been if left by itself.
(b) It makes it weaker.
(c) It makes it more devious and dangerous.
(d) It does not affect it.

3. Although many people have contributed to the advances in technology at Wal-Mart, who gets the lion's share of gratitude from Sam?
(a) Mike Smith.
(b) Rob Walton.
(c) David Glass.
(d) Helen Walton.

4. What is Ferold Arend's position prior to coming to Wal-Mart?
(a) He is head of merchandise for the whole Midwest for a variety chain store.
(b) He is president of a Midwest variety chain store.
(c) He is the owner of a Midwest variety chain store.
(d) He is a cashier at a Midwest variety chain store.

5. Sam believes that the reason that Wal-Mart was successful is because __________.
(a) There was not competition.
(b) He always made sure that the employees in his stores were taken care of.
(c) No one is a better promoter than him.
(d) He is really intelligent.

Short Answer Questions

1. In 1962, four large companies started discount stores, including _____________ besides Wal-Mart?

2. What does Sam do after the answer to number 88?

3. Sam loves quail hunting after being introduced to it by __________.

4. Did Sam get into the retail business to make money?

5. With what announcement does Sam Walton start the book?

(see the answer key)

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