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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. 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) 58 percent.
(c) 68 percent.
(d) 38 percent.

2. Why has Sam pretty much fought all of the technological advances?
(a) He does not trust technology.
(b) He does not like change.
(c) He wants them to be justified.
(d) He does not understand technology.

3. Sam describes Phil as a man who not only likes to swim upstream but also that he likes to do it __________.
(a) Quickly.
(b) With weights on to show what he can really do.
(c) In the morning.
(d) With a lot of attention.

4. Many people have argued that Wal-Mart has done what to the small shops in rural towns?
(a) Encouraged them.
(b) Destroyed them.
(c) Helped them.
(d) Competed with them.

5. Initially why does Sam's superior questions whether he is good at retail?
(a) He does not seem interested in retail.
(b) He cannot sell products well.
(c) He is frequently late to work and staff meetings.
(d) Although he can sell, his organization skills are not great.

Short Answer Questions

1. Sam believes that the reason that Wal-Mart was successful is because __________.

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

3. What does each store still apply?

4. Now Wal-Mart has a profit-sharing policy for their employees that is currently ___________ at the time of publication.

5. What have Sam and his employees mastered?

(see the answer key)

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