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

Multiple Choice Questions

1. What is Gary Wendt's nickname?
(a) The God of Google.
(b) The Prince of Growth.
(c) The Kasbah of Cash.
(d) The Priest of Growth.

2. What does Jack say that honesty and single agendas build?
(a) Better relationships.
(b) Trouble to the bank account.
(c) A boring work environment.
(d) Mutiny.

3. Who does Jack defeat in a 36-hole golf match played in Nantucket?
(a) Bill Gates.
(b) Warren Buffet.
(c) Scott McNealy.
(d) Frank Rooney.

4. Who initially questions GE's quality of products and services?
(a) Employees.
(b) Human resources.
(c) A governmental investigation.
(d) Jack.

5. How does Department of Justice investigation against GE end?
(a) The case is dismissed.
(b) Jack gets a not guilty verdict.
(c) Jack pleads guilty to a misdemeanor.
(d) The company makes a plea arrangement.

6. Which aspect of GE's business is most successful in India?
(a) Financial services.
(b) Appliances.
(c) Lighting.
(d) Medical systems.

7. What does GE reduce with its Internet sales?
(a) Customer satisfaction.
(b) Loss.
(c) Profits.
(d) Paper.

8. What is more important than strategy development?
(a) Knowing what stock holders want.
(b) Getting the right people.
(c) Hiring employees that don't demand a lot of benefits.
(d) Advertising.

9. What was the single biggest obstacle facing the television station now owned by GE?
(a) The spread of HDTV.
(b) The spread of reality show popularity.
(c) The spread of satellite TV.
(d) The spread of cable TV.

10. What most improves Jack's golf game?
(a) Motivational yoga before hitting the greens.
(b) Breaking down the mechanics to teach his wife.
(c) Watching golf videos throughout the week.
(d) Private lessons from Tiger Woods.

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

12. Which three TV shows turn around the entertainment sector of the GE-owned company?
(a) The Simpsons, Married with Children, and Get a Life.
(b) Frasier, Friends, and ER.
(c) Designing Women, 60 Minutes, and The Jeffersons.
(d) Roseanne, 20/20 and L.A. Law.

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

14. Once the investment banking firm situation is stabilized, who takes over?
(a) Si Cathcart.
(b) Jack Webber.
(c) Mike Carpenter.
(d) Jack Welch.

15. How many years before his planned retirement does Jack begin the process of selecting a successor?
(a) 7 weeks.
(b) 7 days.
(c) 7 months.
(d) 7 years.

Short Answer Questions

1. What kind of business is Pet Project?

2. When does David Letterman move his show to CBS?

3. How many candidates does Jack start with in 1994 as he seeks his successor?

4. When does the list of candidates for Jack's successor narrow to the final three?

5. Which GE teams get projects improving every day performance in their current positions?

(see the answer keys)

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