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

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

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

4. Ron leaves the company when?
(a) Sam retires.
(b) No one supports him.
(c) Once Sam resumes his role.
(d) Sam fires him.

5. He has had the time of his life running Wal-Mart, but has been wondering _________.
(a) If he should have spent more of his money.
(b) If he should have spent more time at work over the years.
(c) If he should have started more discount stores.
(d) If he should have spent more time with his family over the years instead.

Short Answer Questions

1. Are there ups and downs in the Wal-Mart corporation?

2. Sam delineates the top ____ rules that helped him achieve the success that he enjoys with Wal-Mart.

3. What do each of the stores have to keep the mood at work exciting and refreshing?

4. The Wal-Mart concept with variety stores allowed people to ___________.

5. What is rule number one?

Short Essay Questions

1. Describe the Saturday meetings.

2. What is the "whistle while you work" mentality? How does this benefit the employee and the company?

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

4. Describe the annual stockholder meetings.

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

6. How does Sam counter the argument that Wal-Mart has destroyed the small shops in rural towns?

7. How does the increase in re-urbanization benefit Wal-Mart?

8. Describe Wal-Mart and Sam by 1974.

9. Why is Sam able to write this book?

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

(see the answer keys)

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