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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 17: Running a Successful Company: Ten Rules that Worked for Me.

Multiple Choice Questions

1. What is one of the most important changes in the Wal-Mart culture in recent years?
(a) The need for female executives.
(b) The need for women managers on the floor.
(c) Women in the workplace.
(d) New technology.

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) 1/3.
(b) 1/2.
(c) 2/3.
(d) 1/4.

3. Since the beginning, Sam has been extremely connected as __________.
(a) A promoter.
(b) An employee.
(c) A manager.
(d) A businessman.

4. Right away, Sam looks for other store opportunities and drives to Fayetteville to find a store whose only competitor is _________.
(a) Woolworth.
(b) JC Penney.
(c) Meijer.
(d) Ben Franklin.

5. Sam believes that thanks to the superior distribution system implemented, they were able to acquire what stores seamlessly integrate the stores into the current system?
(a) Kroger.
(b) Kmart.
(c) Big K.
(d) Meijer.

Short Answer Questions

1. What have Sam and his employees mastered?

2. Although Sam considers himself a fairly conservative guy, he is a _________ in the world of business.

3. The way the management treats its associates is exactly how they will treat who?

4. Sam and his brother Bud go into business together and purchase outright ______________.

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

(see the answer key)

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