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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. Back in the 1960s, with what was Sam more concerned, rather than quality?

2. Although there have been a number of changes in the Wal-Mart industry over the years, the Walton family still collectively owns __________ of their own business, which is rare for a major corporation.

3. Initially why does Sam's superior questions whether he is good at retail?

4. While debating the idea of going public, Sam flies around looking for _________.

5. Sam believes that the reason that Wal-Mart was successful is because __________.

Short Essay Questions

1. 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?

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

3. What does Sam admit to thinking about throughout most of his life? Who uses Sam's ideas to benefit Wal-Mart? How does this person do this?

4. Describe Don Whitaker.

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

6. What can Sam do now that he is out of debt?

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

8. What does Sam do while debating the idea of going public?

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

10. How is Sam's appreciation for the dollar further ingrained?

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

As a child, Sam learns how hard it is to earn a dollar.

Part 1) Describe Sam's childhood. How did Sam learn the difficulties in earning a living?

Part 2) What role did the Great Depression play in Sam's learning of this? How does this idea of hard work affect him throughout his life?

Part 3) Is hard work important in your own life? Why or why not? Do you agree with Sam that it is difficult to earn a living? Why or why not?

Essay Topic 3

One of Sam's top talents is choosing employees.

Part 1) How is this proven? Why does this become an important talent?

Part 2) What are his other talents? How are these talents revealed? How are these talents important? How are they connected to each other?

Part 3) What talents do you possess? How do they impact your daily life? How might you use them to your advantage throughout your life?

(see the answer keys)

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