View a FREE sample

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

Multiple Choice Questions

1. Wal-Mart starts building stores quickly by establishing ___________.
(a) A community.
(b) A friendship with the members of the towns.
(c) Deals with community leaders.
(d) A cookie-cutter strategy.

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

3. What is significant about Sam's bet regarding being an Eagle Scout?
(a) He helped his sons become Eagle Scouts.
(b) He is the youngest in the state of Missouri at the time.
(c) He never became an Eagle Scout.
(d) He never truly wanted to be a Boy Scout.

4. To encourage family togetherness, what does Sam do?
(a) The family must be home for dinner every night.
(b) He is his sons' Boy Scout leader.
(c) He plans family vacations every weekend.
(d) His family must not go anywhere without him.

5. Sam finds a store in Bentonville, but almost does not get the business. Why?
(a) He does not want to move to Bentonville.
(b) He cannot afford to buy the store.
(c) Helen does not want him to buy it.
(d) The two widowed owners almost refuse to sell it.

Short Answer Questions

1. This book is Sam's attempt to __________________.

2. After he and Helen marry, Sam aims to build his family financial structure similar to ____________.

3. Don Whitaker comes to the Wal-Mart organization from TG&Y. He is a hard-working and smart man who establishes a great philosophy for the company. What is this philosophy?

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

5. With what announcement does Sam Walton start the book?

Short Essay Questions

1. How did Sam help his family financially? What does he believe about the role of children in the family?

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

3. How does the placing of Wal-Marts in specific types of locations benefit the company in regard to advertising?

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

5. What does Sam do once Walton's Five and Dime is a success?

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

7. What is taking place in the world of discount stores in 1962?

8. Give an example of what Sam would do on family vacations.

9. Why is Ferold Arend hired? What does he do for Wal-Mart?

10. How does Sam have the personality of a promoter?

(see the answer keys)

This section contains 1,179 words (approx. 4 pages at 300 words per page) View a FREE sample