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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. How does the plastics industry fare in the 1970s?
(a) It almost falls through completely.
(b) One small flaw breaks the whole industry.
(c) It grows fast.
(d) Environmental concerns halt plastics production.

2. What price does GE pay to purchase RCA?
(a) $3.6 billion.
(b) $3.6 million.
(c) $6.3 million.
(d) $6.3 billion.

3. What does the learning/training curriculum show its participants?
(a) Who is being considered for promotion.
(b) There is no single right way and often there is an alternate, better way.
(c) That the company spends a lot on training.
(d) That the company invests a lot on training.

4. Which phrase sums up GE's core values and expectations during Jack's reign as CEO?
(a) Looking for the pot of gold at the end of the rainbow.
(b) Every cloud has a silver lining.
(c) What goes up, must come down.
(d) Finding a better way every day.

5. Why was Jack appointed CEO of the company?
(a) Jack was the retiring CEO's nephew.
(b) No one else wanted the job.
(c) The retiring CEO believes Jack is the one who can most effectively help the company change and grow.
(d) Everyone else was fired after the scandal. Jack was the only one with seniority.

6. What is Jack's "Vitality Curve"?
(a) A cool gym added to each factory.
(b) An energy supplement Jack uses.
(c) A pitch used by Jack at company softball games.
(d) An employee evaluation system.

7. What are the human resources meetings called that are held at each GE business location?
(a) Series 1.
(b) Session C.
(c) Section A.
(d) Subgroup 2.

8. Who throws a huge party for Jack to introduce him to important people?
(a) The Harvard Alumni Association.
(b) Reg Jones.
(c) Roy Johnson.
(d) Bill Druckerman.

9. According to an employee evaluation system, which employees are passionate, innovative, open minded, and creative?
(a) Managers.
(b) Interns.
(c) Brown-nosers.
(d) A-players.

10. Which of the following is not a job held by young Jack?
(a) Theater janitor.
(b) Mail carrier.
(c) Newspaper carrier.
(d) Shoe salesman.

11. Which magazine features Jacks "No. 1 or No. 2" strategy in a cover story?
(a) Newsweek.
(b) Time.
(c) Forbes.
(d) USA Today.

12. What does QMI stand for?
(a) Quick Meaningful Intercommunication.
(b) Quick Market Intelligence.
(c) Quick Market Interference.
(d) Quick Market Insulators.

13. What inspires Jack to pursue his Ph.D.?
(a) His wife's father wants his son-in-law to be a "doctor" of some sort.
(b) He gets full tuition paid by the ROTC.
(c) His wife.
(d) Not being able to find a job due to economic recession.

14. What does Jack say is the only realistic form of job security?
(a) Law enforcement.
(b) Teaching.
(c) Government work.
(d) Satisfied customers.

15. Why is Jack dissatisfied with his first raise?
(a) It was enough to raise his income taxes.
(b) It wasn't enough to buy the new house.
(c) Everyone in his office got the same amount.
(d) The other men in his office got more.

Short Answer Questions

1. What is the one complaint that frustrates the employees who train at GE's learning center?

2. What does Jack cut with the help of his CFO?

3. What do young Jack and his friends do to earn a little spare change?

4. Who blows up one of GE's factories?

5. How much was Jack's first pay raise at GE?

(see the answer keys)

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