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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. What does competition do to Wal-Mart?
(a) It does not affect it.
(b) It makes it stronger and more honed on the marketplace than it might have been if left by itself.
(c) It makes it more devious and dangerous.
(d) It makes it weaker.

2. Why is Sam able to sit down and help write the book?
(a) He is retired.
(b) He is interested in writing a book.
(c) He no longer works for Wal-Mart.
(d) He is sick.

3. Their large private fleet of __________ is one of the largest in the country as well to give them the flexibility they need?
(a) Trains.
(b) Trucks.
(c) Planes.
(d) Buses.

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

5. Does Sam believe he is as hands-on as other managers?
(a) Often.
(b) Yes.
(c) No.
(d) Sometimes.

Short Answer Questions

1. What is rule number five?

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

3. When the company becomes divided, behind whom do the younger guys line up?

4. Wal-Mart gives an annual ____________ scholarship to a local student.

5. What is the reason that Wal-Mart has succeeded?

Short Essay Questions

1. Describe the Saturday meetings.

2. Describe Wal-Mart and Sam by 1974.

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

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

5. Describe Sam as a manager.

6. When Sam decides to become less involved with the business, what two camps remain?

7. Why is Sam able to write this book?

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

9. Describe the reason why Wal-Mart succeeds?

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

(see the answer keys)

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