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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. ____________ is one store that expanded and had a distribution center that offered a superior product merchandise that Wal-Mart could offer their customers.
(a) Target.
(b) Kmart.
(c) Giant Eagle.
(d) Meijer.

2. Sam wants to organize everything and make it ____________.
(a) Better for him.
(b) More exciting.
(c) Better and more efficient.
(d) More financially solvent.

3. Sam purchases ____________ that only travels about 100 miles an hour.
(a) A bus.
(b) A little car.
(c) A little plane.
(d) A helicopter.

4. Sam describes Phil as a man who not only likes to swim upstream but also that he likes to do it __________.
(a) With a lot of attention.
(b) In the morning.
(c) Quickly.
(d) With weights on to show what he can really do.

5. When does Wal-Mart become a publicly-traded company?
(a) October 1, 1975.
(b) October 1, 1968.
(c) October 1, 1980.
(d) October 1, 1970.

Short Answer Questions

1. Sam's attention to his associates and each manager having a minority share in the business sets the stage for _____.

2. Sam attends the University of Missouri since he is already well-known in Columbia and joins what fraternity?

3. Sam has the personality of _______________.

4. Eventually, Arend will become Wal-Mart's first ___________.

5. When he is 14, Sam saves a boy from ____________.

Short Essay Questions

1. How does Sam encourage family togetherness? How does he also continue to obsess over business matters at the same time?

2. What is the one mistake for which Helen cannot forgive Sam? Why?

3. With what traits does Sam say is is over-blessed? What does he do with these traits during his adolescence?

4. How did Sam treat his employees in the beginning? Why? What has he realized from this?

5. Describe, in general, this period of time for Wal-Mart.

6. How does Rob help Sam with his debt? What are the results of Sam's fear of being in debt? How do both he and Helen feel about these results?

7. How does Sam decide where to build a Wal-Mart? Why?

8. What is known about Sam Walton's childhood? What did he learn during this time about one's ability to make money?

9. To what does Sam credit the success of the business?

10. How do Sam and Helen feel about leaving Newport? What are their plans now?

(see the answer keys)

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