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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 22, E-Business.

Multiple Choice Questions

1. How are GE's profits used in 1984?
(a) Nice bonuses for upper level execs.
(b) Raises for all employees.
(c) Reinvested to improve the company's competitiveness.
(d) One-time bonus for all employees.

2. What attitude best describes the investment banking firm employees?
(a) Lack of confidence due to the scandal.
(b) Winners at all cost.
(c) Backstabbing for higher raises.
(d) Overvalued ideas about themselves.

3. Which three TV shows turn around the entertainment sector of the GE-owned company?
(a) Roseanne, 20/20 and L.A. Law.
(b) Designing Women, 60 Minutes, and The Jeffersons.
(c) Frasier, Friends, and ER.
(d) The Simpsons, Married with Children, and Get a Life.

4. What kind of environment does Jack say is best for making necessary changes and modernizing the company?
(a) Informal.
(b) Formal.
(c) A business-type monarchy.
(d) A dictatorship.

5. What does Jack learn from GE veterans about the company's routine employee appraisals?
(a) They are valuable tools in assessing job performance.
(b) They have had the same typographical error for years.
(c) They are no more than routinely written forms of false kindness.
(d) They are used for firing people, never for promoting them.

Short Answer Questions

1. During his high school years, who teaches Jack the value of competition?

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

3. On which network does Jack host his own show?

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

5. Which of the following is not a job held by young Jack?

(see the answer key)

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