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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. Why does Sam tell Abe Marks that he does not need their systems?
(a) His systems are faulty.
(b) Computers are a waste of time.
(c) He does not have enough money.
(d) He is a retail genius.

2. He thinks many of these failed stores would still be open if they had remembered to ___________.
(a) Hire someone like Sam.
(b) Take care of their customers and employees first.
(c) Support Wal-Mart.
(d) Be frugal.

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

4. Although Sam is a small man at only 130 pounds, he works very hard and gets his letter in the sport of ___________.
(a) Football.
(b) Basketball.
(c) Baseball.
(d) Tennis.

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

Short Answer Questions

1. The concept of the variety store changed drastically over the years from the fully-serviced variety store to ___________.

2. Why does Helen want four children by the time she is thirty?

3. 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?

4. Sam believes that he was over-blessed with the traits of ____________.

5. What did going public do to Sam's family?

(see the answer key)

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