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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 was the accepted business philosophy of the 1980s?
(a) If a business is profitable, sell while the stock shares are high.
(b) If a business is profitable, save money by laying off a few people.
(c) If a business is profitable, constantly find ways to make it more profitable.
(d) If a business is profitable, don't get out or change it.

2. Which aspect of the business complementary to GE fits well with GE's aircraft engine industry?
(a) High-tech avionics.
(b) Wireless electronics.
(c) TV picture tube manufacturing.
(d) Repair shops for plane engines.

3. When GE bought RCA in 1985, which national television station was included in the deal?
(a) CBS.
(b) CNN.
(c) ABC.
(d) NBC.

4. Who is the judge in hearings related to GE's purchase of the company that complements GE in various areas?
(a) The defense attorney.
(b) The leader of the House of Representatives.
(c) The prosecutor.
(d) The Senate.

5. What is the evaluation system that works well for several years, until employees find a way to "game" it?
(a) The 360-degree evaluation.
(b) The 180-degree evaluation.
(c) The 6-degrees of separation.
(d) The 90-degree evaluation.

Short Answer Questions

1. Which aspect of GE's business is most successful in India?

2. How does Jack describe himself in Chapter 4 when he becomes a businessman?

3. What kind of employees does Jack want at GE?

4. Which business complements GE in various areas, but does not have products that directly overlap?

5. What plays an important role in growing GE's services?

(see the answer key)

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