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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. 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 be CEO of Wal-Mart.
(d) To take over Sam's position.

2. By the time all the changes in management at Wal-Mart are over, roughly how much of the upper management team is gone?
(a) 2/3.
(b) 1/3.
(c) 1/4.
(d) 1/2.

3. Sam notes ____________ regarding the idea that many consider him to be on the cutting edge of technology?
(a) Many executives would not be surprised.
(b) Many executives would disagree.
(c) Many executives snicker.
(d) Many executives would agree.

4. With what does Sam not want to deal that plague stores in bigger cities?
(a) Theft.
(b) A lack of space for building.
(c) Wealthy clientele.
(d) Real estate issues, legal quandaries, and zoning problems.

5. Now Wal-Mart has a profit-sharing policy for their employees that is currently ___________ at the time of publication.
(a) $18 billion.
(b) $1.8 trillion.
(c) $1.8 million.
(d) $1.8 billion.

Short Answer Questions

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

2. To encourage family togetherness, what does Sam do?

3. How does Sam feel never being on a losing team helped him?

4. Sam has created a unique culture at Wal-Mart where managers meet ________.

5. 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?

(see the answer key)

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