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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. When did Wal-Mart take on Kmart?

2. What does Sam play everywhere he goes?

3. What does competition do to Wal-Mart?

4. It is the demand of ____________ that built Wal-Mart's success?

5. Sam has created a unique culture at Wal-Mart where managers meet ________.

Short Essay Questions

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

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

3. Describe the Saturday meetings.

4. How does Sam motivate his employees?

5. Why is Sam able to write this book?

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

7. What does Sam think about competition?

8. How does he give back? Why does he give back in this way?

9. What happens when Sam comes out of retirement?

10. Describe the annual stockholder meetings.

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Sam believes he was over-blessed with ambition and drive.

Part 1) From whom does he claim he received these traits? Is he proud of these traits? Why or why not? How does he use these traits throughout his life?

Part 2) Are these traits necessary for anyone to become a success? Why or why not?

Part 3) What traits do you possess? How do you use them to your advantage?

Essay Topic 2

Wal-Mart has benefited from technology.

Part 1) Describe this technology. How has his belief about putting others first and being willing to let go of ego benefited his company, in respect to technological advances?

Part 2) How has competition also encouraged technological advancement and evolution? How have other companies been hurt by Sam's willingness to trust others and allow for risks to take place?

Part 3) How has technology changed during your own lifetime? How important is technology in your own life? Why?

Essay Topic 3

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?

(see the answer keys)

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