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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 rule number one?
(a) Commit to your family.
(b) Commit to yourself.
(c) Commit to be wealthy.
(d) Commit to your business.

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

3. What kind of farm does Sam's family have?
(a) A turkey farm.
(b) An apple farm.
(c) A dairy farm.
(d) A chicken farm.

4. Back in the 1960s, with what was Sam more concerned, rather than quality?
(a) Keeping large quantities of products in the store.
(b) Good advertising.
(c) Keeping the prices lower than other company's prices for future success.
(d) Keeping the customers returning.

5. Do Sam's kids feel as though Sam was not around during their childhood?
(a) Often.
(b) Yes.
(c) No.
(d) Sometimes.

Short Answer Questions

1. While debating the idea of going public, Sam flies around looking for _________.

2. What are a regular part of the Wal-Mart culture and partnership?

3. Sam delineates the top ____ rules that helped him achieve the success that he enjoys with Wal-Mart.

4. How do Sam and Helen involve themselves in pet projects?

5. Although many people have contributed to the advances in technology at Wal-Mart, who gets the lion's share of gratitude from Sam?

(see the answer key)

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