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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 18, When to Fight, When to Fold.

Multiple Choice Questions

1. What kind of employees does Jack want at GE?
(a) Devoted time-clock punchers.
(b) Self-confident entrepreneurs.
(c) All American.
(d) Cheap labor.

2. What is GE's TV manufacturing business traded for?
(a) France's TV manufacturing market.
(b) A satellite business.
(c) A cable TV network.
(d) Thomson's losing medical business.

3. How old is Jack when he begins working at GE?
(a) 22.
(b) 24.
(c) 31.
(d) 19.

4. What does Jack cut with the help of his CFO?
(a) Bureaucracy and non-essential internal data.
(b) Lots of factory jobs.
(c) Lots of health care expenses.
(d) Extra money spent for family insurance benefits.

5. When does Jack get his first pay raise at GE?
(a) After complaining.
(b) After six months.
(c) After demanding it.
(d) After one year.

Short Answer Questions

1. What does QMI stand for?

2. Who transforms GE Capital from a purely financial business into a thriving business that uses deal-making for operational skills?

3. Who loves the idea of melding manufacturing with financial ingenuity?

4. What kind of environment does Jack say is best for making necessary changes and modernizing the company?

5. What is the evaluation system that works well for several years, until employees find a way to "game" it?

(see the answer key)

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