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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. At first, Wal-Mart only dealt with ____________.
(a) Other large competitors.
(b) Its employees.
(c) Other regional and smaller competitors.
(d) Customers.

2. The focal point of their communications are ___________.
(a) The daily meetings.
(b) The annual meetings.
(c) The Saturday meetings.
(d) The Sunday meetings.

3. The average time lapse between when stores request additional merchandise and when they receive it is roughly how many days?
(a) Three.
(b) Two.
(c) Five.
(d) Seven.

4. What does Sam believe is in need of more funds?
(a) Missions.
(b) The poor.
(c) Minority groups.
(d) Education.

5. Behind whom do the older guys stand?
(a) Rob.
(b) Bob.
(c) Ferold.
(d) Helen.

6. What does Sam give his associates and managers?
(a) Specific tasks to complete.
(b) The freedom to experiment and test things on their own.
(c) Gifts for their birthdays.
(d) Many raises.

7. What takes place after Sam's return?
(a) The Saturday Morning Massacre.
(b) The Sunday Night Massacre.
(c) The Sunday Morning Massacre.
(d) The Saturday Night Massacre.

8. Sam notes ____________ regarding the idea that many consider him to be on the cutting edge of technology?
(a) Many executives would not be surprised.
(b) Many executives snicker.
(c) Many executives would agree.
(d) Many executives would disagree.

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

10. What does competition do to Wal-Mart?
(a) It does not affect it.
(b) It makes it stronger and more honed on the marketplace than it might have been if left by itself.
(c) It makes it more devious and dangerous.
(d) It makes it weaker.

11. Sam explains the difference between Wal-Mart and a number of other potentially-profitable businesses is that _________.
(a) Sam always wanted to be wealthy.
(b) Sam always wanted to be famous.
(c) Sam always wanted to be the best retailer, not necessarily the biggest.
(d) Sam always wanted to be the biggest retailer, not necessarily the best.

12. Their large private fleet of __________ is one of the largest in the country as well to give them the flexibility they need?
(a) Trucks.
(b) Planes.
(c) Trains.
(d) Buses.

13. Did Sam have revenge on his mind when he did this?
(a) Possibly.
(b) No.
(c) Yes.
(d) Only at first.

14. For what do Sam and his upper management team look in the smaller stores?
(a) Problems.
(b) The heroes.
(c) Intelligent leaders.
(d) Fun activities.

15. By 1974, Wal-Mart has how many stores?
(a) 150.
(b) 100.
(c) 50.
(d) 200.

Short Answer Questions

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

2. What does each store still apply?

3. How has Sam always felt about competition?

4. What do each of the stores have to keep the mood at work exciting and refreshing?

5. He has had the time of his life running Wal-Mart, but has been wondering _________.

(see the answer keys)

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