View a FREE sample

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

Multiple Choice Questions

1. Why do people continue to return to Wal-Mart?
(a) The advertising is good.
(b) If offers a better solution to the customers.
(c) It is inexpensive.
(d) It is close to home.

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

3. What is rule number five?
(a) Appreciate everything your managers do for your business.
(b) Appreciate everything you do for your business.
(c) Appreciate everything your associates do for your business.
(d) Appreciate everything your family does for your business.

4. What does Sam think is a trade-off?
(a) Family.
(b) School.
(c) Work.
(d) Life.

5. How has Sam always felt about competition?
(a) It is a good thing.
(b) It is a waste of time.
(c) It is dangerous.
(d) It is a bad thing.

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

7. With what is Sam greatly concerned?
(a) Minority groups.
(b) Tax evasion.
(c) Poverty.
(d) Education.

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

9. Sam loves quail hunting after being introduced to it by __________.
(a) Helen.
(b) Helen's father.
(c) His father.
(d) Mike Smith.

10. Sam has created a unique culture at Wal-Mart where managers meet ________.
(a) Every Saturday morning.
(b) Every Saturday night.
(c) Every Sunday morning.
(d) Every morning.

11. If your store can provide what they need, including low prices, guaranteed satisfaction, and a wide assortment of goods, can success assured?
(a) Usually.
(b) No.
(c) Sometimes.
(d) Yes.

12. Sam suggests that if you want to be successful, you need to _______ to your own interests?
(a) Encourage them.
(b) Adhere to them.
(c) Support them.
(d) Submerge them.

13. He and his family recognize how fortunate they have been in the success of Wal-Mart and consequently they ______.
(a) Give many thanks.
(b) Spend their money as they like.
(c) Save most of their money.
(d) Give back to the community.

14. To what does Sam compare the results of Wal-Mart's popularity?
(a) Fads.
(b) The evolution of man.
(c) Religion.
(d) It is evolution similar to that of buggy horses to cars.

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

Short Answer Questions

1. Sam has plenty of money. What could he have bought?

2. Sam had to get up every day with what idea?

3. Why is Sam able to sit down and help write the book?

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

5. Sam always encourages competition. What does Sam think of this divisive stance?

(see the answer keys)

This section contains 506 words (approx. 2 pages at 300 words per page) View a FREE sample