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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. With what does Sam not want to deal that plague stores in bigger cities?
(a) A lack of space for building.
(b) Theft.
(c) Real estate issues, legal quandaries, and zoning problems.
(d) Wealthy clientele.

2. Are there ups and downs in the Wal-Mart corporation?
(a) Rarely.
(b) Only once.
(c) Yes.
(d) No.

3. The concept of the variety store changed drastically over the years from the fully-serviced variety store to ___________.
(a) The self-service style.
(b) The discount model.
(c) The partially-serviced style.
(d) The fully-serviced discount model.

4. Sam believes that the reason that Wal-Mart was successful is because __________.
(a) There was not competition.
(b) He is really intelligent.
(c) He always made sure that the employees in his stores were taken care of.
(d) No one is a better promoter than him.

5. Sam is always looking for new and different ways to do things and takes great pleasure in ___________.
(a) Bucking trends.
(b) Researching trends.
(c) Following trends.
(d) Starting trends.

Short Answer Questions

1. Unions have tried to organize at Wal-Mart. Have they been successful?

2. It is the demand of ____________ that built Wal-Mart's success?

3. There are two main camps in the Wal-Mart organization. Who leads these camps?

4. Sam starts to hear about discounting companies. He knows that discounting is the way of the future but is fully immersed in what?

5. Sam is not interested in retail because __________________.

(see the answer key)

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