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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 11, The People Factory.

Multiple Choice Questions

1. Why does Jack get frustrated with the plastics inventors?
(a) All they think about his getting their products sold.
(b) They demand higher pay.
(c) They don't understand entrepreneurship.
(d) They don't get excited about innovation.

2. What price does GE pay to purchase RCA?
(a) $6.3 billion.
(b) $3.6 million.
(c) $3.6 billion.
(d) $6.3 million.

3. What are the human resources meetings called that are held at each GE business location?
(a) Subgroup 2.
(b) Session C.
(c) Section A.
(d) Series 1.

4. What is Jack's vision for GE?
(a) Money and more money.
(b) More medical plastics to save lives.
(c) Spontaneity and creativity.
(d) Success without failure.

5. What expands GE's semiconductor, aerospace, and TV set business?
(a) The purchase of RCA.
(b) HD TV requirements.
(c) The Japanese.
(d) Federal aid to companies.

Short Answer Questions

1. Who submits his resignation immediately after the announcement that Jack has been named CEO?

2. What is one business in his vice president's portfolio that Jack has no interest in at all?

3. What brings about a business-altering deal for GE in the mid 1980s?

4. Which electrical insulator is deemed a hazardous material by the EPA?

5. What company does Jack try to buy to increase GE's exposure?

(see the answer key)

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