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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 26, "New Guy".

Multiple Choice Questions

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

2. To whom does GE sell its investment banking firm?
(a) Paine-Webber.
(b) Chase, Manhattan.
(c) Carpenter-Welch.
(d) Kidder, Peabody.

3. Who instills management beliefs in Jack that include both competing and facing reality?
(a) His grandfather.
(b) His father.
(c) His coach.
(d) His mother.

4. Jack says it is important for managers to know when...
(a) To walk away and know when to run.
(b) To hold them and when to fold them.
(c) To hug and when to kick.
(d) To quit and when to fire.

5. What is the key to Jack's solution as he addresses the complaint expressed by trainees at GE's learning center?
(a) All employees having the freedom to brainstorm.
(b) More upper level management meetings at the training facility.
(c) All managers getting more training.
(d) All employees going to the training facility.

Short Answer Questions

1. In which two areas of CEO duties does Jack quickly see he lacks skills?

2. How does Jack plan to select a successor that the board will unite behind?

3. Who replaces Jack as CEO of General Electric?

4. Which organization started out as a group of elitists but opened its membership and transformed into a group of volunteers?

5. What begins Jack's transition phase in Chapter 4?

(see the answer key)

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