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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. Sam starts to hear about discounting companies. He knows that discounting is the way of the future but is fully immersed in what?
(a) Boutiques.
(b) Franchising.
(c) Variety stores.
(d) Discount stores.

2. Sam admits to thinking about merchandising every day of his life since _____________.
(a) Since he met Helen's father.
(b) He started.
(c) He was born.
(d) Since his first job.

3. Sam believes that he was over-blessed with the traits of ____________.
(a) Pride and jealousy.
(b) Love and kindness.
(c) Understanding and empathy.
(d) Ambition and drive.

4. How does Sam feel never being on a losing team helped him?
(a) It makes him never want to be a loser.
(b) It helps him trust others to be losers.
(c) It helps him believe that he can always win.
(d) It helps him not trust losers.

5. Does Sam worry about fluctuating stock prices?
(a) Yes.
(b) Sometimes.
(c) Often.
(d) No.

Short Answer Questions

1. Although Sam considers himself a fairly conservative guy, he is a _________ in the world of business.

2. Before Wal-Mart, what did the Waltons like to do?

3. Sam is always looking for new and different ways to do things and takes great pleasure in ___________.

4. Now Wal-Mart has a profit-sharing policy for their employees that is currently ___________ at the time of publication.

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

Short Essay Questions

1. What can Sam do now that he is out of debt?

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

3. What does Sam admit to thinking about throughout most of his life? Who uses Sam's ideas to benefit Wal-Mart? How does this person do this?

4. How is Sam a maverick in the business world?

5. How does Sam feel about debts and loans?

6. What does Wal-Mart have in regards to profit-sharing?

7. 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?

8. What does Sam do when he attends the Univeristy of Missouri?

9. Why does Sam believe that Wal-Mart is successful? Why do other stores fail?

10. What does Sam say is the biggest business mistake in his life? What might have led to this?

(see the answer keys)

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