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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. In 1962, four large companies started discount stores, including _____________ besides Wal-Mart?
(a) Meijer, Giant Eagle, Kmart, and Target.
(b) Kmart, Woolworth, Woolco, and Target.
(c) Kmart, Woolworth, Sears, and Meijer.
(d) Giant Eagle, Target, Woolco, and Woolworth.

2. Eventually, Arend will become Wal-Mart's first ___________.
(a) Chief executive of technology and later it president of operations.
(b) Manager of operations and later vice president of operations.
(c) Vice president of advertising and later it president of advertising.
(d) Vice president of operations and later its president of operations.

3. What does Sam do after the answer to number 88?
(a) He pulls out a map, filling in every area in that market region.
(b) He encourages his new neighbors to support the building of a Wal-Mart.
(c) He bribes the community counsel members into supporting his store.
(d) He runs the competition out of town.

4. When did Wal-Mart take on Kmart?
(a) 1982.
(b) 1972.
(c) 1978.
(d) 1988.

5. What are a regular part of the Wal-Mart culture and partnership?
(a) Parties.
(b) Stunts.
(c) Pranks.
(d) Problems.

Short Answer Questions

1. Many people have argued that Wal-Mart has done what to the small shops in rural towns?

2. By the time all the changes in management at Wal-Mart are over, roughly how much of the upper management team is gone?

3. The idea of going public is brought up by __________.

4. In 1939, he meets Hugh Mattingly who owns _____________.

5. Sam and Charlie create the _______ self-service style variety store in the country and the first one in the eight-state area.

(see the answer key)

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