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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. Sam's father, Thomas Gibson Walton, is a very hard worker who was later remembered for _____________.

2. What kind of farm does Sam's family have?

3. What is Ferold Arend's position prior to coming to Wal-Mart?

4. He decides to run for the student body president and wins by doing one important move. What is that move?

5. How do the children have just as high a stake in the family business as their parents?

Short Essay Questions

1. How does this book begin? What information does it give about Sam Walton and the purpose of this book?

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

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

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

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

6. Describe, in general, this period of time for Wal-Mart.

7. How does Sam encourage family togetherness? How does he also continue to obsess over business matters at the same time?

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

9. How did Sam treat his employees in the beginning? Why? What has he realized from this?

10. 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?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Sam opens Walton's Five and Dime, which become a success.

Part 1) What leads up to Sam opening Walton's Five and Dime? How does he prepare to open his own store?

Part 2) Why is it so successful? What does this success foreshadow?

Part 3) What does Sam learn from opening and running this first store? How does he use this knowledge later?

Essay Topic 2

This book is written to clear up misconceptions about Sam Walton, his family, and his business.

Part 1) What misunderstandings does Sam discuss in this book? How have these misunderstandings occurred? Why does Same feel it is important to clear up these misunderstandings?

Part 2) What does this desire to clear his name reveal about Sam Walton? What ideas did you have regarding Sam Walton and his business prior to reading this book? How did you come about these beliefs?

Part 3) Has Sam been able to alter your opinion of him? Why or why not? What have you learned from reading this book?

Essay Topic 3

The first Wal-Mart is opened on July 2, 1962.

Part 1) What leads up to the opening of the first Wal-Mart store? How does the store get this name? Describe this type of store. How is it different from Sam's previous stores? Why is it different?

Part 2) Why does Sam believe this type of store is the way of the future? Do you agree with him? Why or why not?

Part 3) How does Wal-Mart affect other retail stores? How has Wal-Mart changed retail stores today? Is this good? Why or why not?

(see the answer keys)

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