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

Multiple Choice Questions

1. What attitude best describes the investment banking firm employees?
(a) Backstabbing for higher raises.
(b) Winners at all cost.
(c) Overvalued ideas about themselves.
(d) Lack of confidence due to the scandal.

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

3. What does Jack want to take out of the process of selecting a successor?
(a) Politics and temptation.
(b) Politics and bribery.
(c) Politics and insecurity.
(d) Politics and divisiveness.

4. How much has the PCB levels in fish dropped since the congressional act?
(a) 10 percent.
(b) 20 percent.
(c) 90 percent.
(d) 85 percent.

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

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

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

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

9. Which deal secures Japanese distributor Nagase & Co. as GE's new partner?
(a) The NAFTA deal.
(b) The Mitui Petrochemical deal.
(c) The Japanese-American deal.
(d) The Japanese-American sanction.

10. Where is the meeting held in which Jack gave his farewell speech?
(a) Fairfield.
(b) Fairview.
(c) Crotonville.
(d) Boca Raton.

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

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

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

14. Which program begins in 1996, changing GE's culture?
(a) Six Degrees.
(b) Six Pence.
(c) Six Flags.
(d) Six Sigma.

15. When does the list of candidates for Jack's successor narrow to the final three?
(a) In 1998.
(b) In 1999.
(c) In 2000.
(d) In 1995.

Short Answer Questions

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

2. How does investment banker Joseph Jett rip off the company?

3. What does GE reduce with its Internet sales?

4. Which India-based company becomes a GE partner in developing low-end, low-cost medical systems products?

5. According to Jack, what is growing services all about?

(see the answer keys)

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