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

Multiple Choice Questions

1. Which congressional act addresses PCB site cleanup?
(a) The Cleanup Fund Act.
(b) The PCB Act.
(c) The Super Clean Act.
(d) The Superfund Act.

2. As Jack attempts to buy the business that complements GE in various areas, what stumbling block does he face?
(a) The Superfund Act.
(b) The American Anti-Trust Act.
(c) The European Commission.
(d) Congressional inquiries.

3. Who co-wrote the book that blames Jack for the broadcast company's failure?
(a) Grant Tinker.
(b) David Letterman.
(c) Tom Brokaw.
(d) Jay Leno.

4. What is the term Jack coins for the process of people sitting down together spontaneously to hash out a complex issue?
(a) Brainstorming.
(b) Brain-raining.
(c) Wallowing.
(d) Wading.

5. What acquisition will delay Jack's retirement?
(a) Phillips.
(b) British Airways.
(c) Honeywell.
(d) Samsung.

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

7. Which golf pro does Jack beat in a 1998 game?
(a) Greg Norman.
(b) Tiger Woods.
(c) Bill Gates.
(d) Matt Lauer.

8. Where are the two shops acquired by GE that reduce the company's cost of servicing engines?
(a) England and India.
(b) New England and Greenwich.
(c) Japan and India.
(d) Wales and Brazil.

9. Which business complements GE in various areas, but does not have products that directly overlap?
(a) British Airways.
(b) Samsung.
(c) Phillips.
(d) Honeywell.

10. Who earns the title "Father of GE Global Activity"?
(a) Welch.
(b) Drucker.
(c) Webb.
(d) Fresco.

11. Which meeting is Jack's final farewell to the company?
(a) The annual training session.
(b) A Chamber of Commerce banquet..
(c) The semi-annual training session.
(d) The annual GE 550 top leaders meeting.

12. What is the outcome of GE's attempt to buy the company that complements GE in various areas?
(a) It goes through after much deliberation with share holders.
(b) It goes through easily.
(c) Jack walks away from negotiations.
(d) It is blocked.

13. What claim against GE does the Department of Justice investigate in 1991?
(a) Price-fixing of diamonds.
(b) Price-fixing of TVs.
(c) Price-fixing of home surround sound systems.
(d) Price-fixing of stereos.

14. To what does Jack credit the success of GE Capital?
(a) Brainstorming sessions at Crotonville.
(b) Incredible amounts of intensity, ingenuity, and entrepreneurship.
(c) Work-out sessions at the factories.
(d) Incredible creativity, science, and research.

15. How long does it take GE to build the number 1 ultrasound imaging technology?
(a) Three years.
(b) Four years.
(c) Five years.
(d) Ten years.

Short Answer Questions

1. Which country's air force benefits from laundered GE money?

2. Which aspect of the business complementary to GE fits well with GE's aircraft engine industry?

3. Once the investment banking firm situation is stabilized, who takes over?

4. Who does Golf Digest rank as the Number 2 CEO golfer?

5. To which former U.S. president was Roger Ailes a political adviser?

(see the answer keys)

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