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

Multiple Choice Questions

1. What does each store still apply?
(a) The same basic philosophies that were integtral in the firs few stores.
(b) The same building model.
(c) Their own philosophies.
(d) Their own building model.

2. When the company becomes divided, behind whom do the younger guys line up?
(a) Helen.
(b) Ron.
(c) Rob.
(d) Bob.

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

4. Since the beginning, Sam has been extremely connected as __________.
(a) A promoter.
(b) A manager.
(c) A businessman.
(d) An employee.

5. He has had the time of his life running Wal-Mart, but has been wondering _________.
(a) If he should have spent more of his money.
(b) If he should have spent more time with his family over the years instead.
(c) If he should have spent more time at work over the years.
(d) If he should have started more discount stores.

6. There are two main camps in the Wal-Mart organization. Who leads these camps?
(a) His two sons.
(b) Helen and her father.
(c) Ferold and Ron.
(d) Helen and Sam.

7. How do Sam and Helen involve themselves in pet projects?
(a) Both financially and personally.
(b) In small ways.
(c) Financially.
(d) Personally.

8. What does Sam encourage his management and associates to always do?
(a) Work hard.
(b) Think of fun and interesting things to do in the store.
(c) Make work hours go by quickly.
(d) Stay positive.

9. What do each of the stores have to keep the mood at work exciting and refreshing?
(a) Coffee and donuts.
(b) Give-aways.
(c) Their own traditions and games.
(d) Parties.

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

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

12. Wal-Mart gives an annual ____________ scholarship to a local student.
(a) $1,000.
(b) $500.
(c) $2,000.
(d) $1,500.

13. Although many people have contributed to the advances in technology at Wal-Mart, who gets the lion's share of gratitude from Sam?
(a) David Glass.
(b) Rob Walton.
(c) Helen Walton.
(d) Mike Smith.

14. Sam has plenty of money. What could he have bought?
(a) An island on which to play with his grandchildren.
(b) More vacation time.
(c) A larger home.
(d) A yacht.

15. By the time all the changes in management at Wal-Mart are over, roughly how much of the upper management team is gone?
(a) 1/4.
(b) 2/3.
(c) 1/3.
(d) 1/2.

Short Answer Questions

1. What is rule number five?

2. What does Sam give his associates and managers?

3. What are the consequences of the competition between Wal-Mart and Kmart?

4. What takes place after Sam's return?

5. Their large private fleet of __________ is one of the largest in the country as well to give them the flexibility they need?

(see the answer keys)

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