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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. How does Jack plan to select a successor that the board will unite behind?
(a) By deeply involving the board in the selection process.
(b) By creating new board positions.
(c) By asking the board nicely to support his successor.
(d) By adding himself to the board upon his retirement.

2. Which company's restructuring is prefaced by government bailout and public struggle to avoid bankruptcy?
(a) Bell Telephone.
(b) GE.
(c) Chrysler.
(d) Ford.

3. As Jack expands GE into globalization, what happens to U.S. jobs and facilities?
(a) They are reduced.
(b) They flourish.
(c) Nothing changes.
(d) They are shut down completely.

4. Which investments does Jack find himself explaining and quite often defending?
(a) Hardware investments.
(b) Software investments.
(c) Soft value of excellence investments.
(d) Hard-hat construction investments.

5. Which scandalous investment banking firm does GE buy?
(a) Kidder, Peabody.
(b) Chase, Manhattan.
(c) Neiman, Marcus.
(d) Paine-Webber.

Short Answer Questions

1. Who sets the tone in a company and shares the best ideas and knowledge?

2. What most improves Jack's golf game?

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

4. How many years does Jack serve as CEO of General Electric?

5. Why is Jack dissatisfied with his first raise?

(see the answer key)

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