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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. No matter how efficient or advanced their distribution center is or how great their technology might be, _______________are the real key to Wal-Mart's success.
(a) The Walton family members.
(b) The associates.
(c) The executives.
(d) The managers.

2. Sam has the personality of _______________.
(a) A clown.
(b) A promoter.
(c) Santa Claus.
(d) A task master.

3. Sam delineates the top ____ rules that helped him achieve the success that he enjoys with Wal-Mart.
(a) 5.
(b) 20.
(c) 15.
(d) 10.

4. How can the meetings be described?
(a) As democratic.
(b) As a waste of time.
(c) As bureaucratic.
(d) As a joke.

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

Short Answer Questions

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

2. For a variety of reasons, Rob convinces Sam to do what with his debt?

3. To what does Sam compare the results of Wal-Mart's popularity?

4. Did Sam get into the retail business to make money?

5. Sam's father, Thomas Gibson Walton, is a very hard worker who was later remembered for _____________.

(see the answer key)

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