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

2. 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.

3. What does Sam play everywhere he goes?
(a) Golf.
(b) Football.
(c) Basketball.
(d) Tennis.

4. It is the demand of ____________ that built Wal-Mart's success?
(a) The urban customer.
(b) The city customer.
(c) The wealthy.
(d) The small town customer.

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

Short Answer Questions

1. What does Sam believe is in need of more funds?

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

3. What award is given out at these annual meetings?

4. How do Sam and Helen involve themselves in pet projects?

5. When did Wal-Mart take on Kmart?

Short Essay Questions

1. What has been Sam's behavior toward technological advances?

2. Describe Sam as a manager.

3. How does Sam motivate his employees?

4. Why does Sam give back to the community?

5. What happens to the company when Sam retires?

6. Describe Wal-Mart's run-in with Kmart.

7. What are five more rules given by Sam for running a successful company?

8. Why is Sam able to write this book?

9. Who has been involved the most in the advancements in technology for Wal-Mart?

10. What are five rules given by Sam for running a successful company?

(see the answer keys)

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