View a FREE sample

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

Multiple Choice Questions

1. As he leaves his position as GE's CEO, what type of workplace is Jack certain he built for the company?
(a) A hierarchy.
(b) A meritocracy.
(c) A bureaucracy.
(d) A monarchy.

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

3. Who transforms GE Capital from a purely financial business into a thriving business that uses deal-making for operational skills?
(a) Members of Elfun.
(b) Talent from GE's industrial business.
(c) Former college classmates of Jack's.
(d) Interns.

4. Who sets the tone in a company and shares the best ideas and knowledge?
(a) Human resources.
(b) The CEO.
(c) The corporate attorney.
(d) The employees.

5. As GE begins redefining its markets, which industry is the first to be reorganized?
(a) Medical systems.
(b) Financial systems.
(c) Aircraft engine.
(d) Computer systems.

6. To which former U.S. president was Roger Ailes a political adviser?
(a) Gerald Ford.
(b) Ronald Regan.
(c) George H.W. Bush.
(d) George W. Bush.

7. 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.

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

9. 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) Wading.
(c) Wallowing.
(d) Brainstorming.

10. Which medical equipment becomes the fastest selling CT scan, with a tube life of 500,000 scans?
(a) The Lightening Speed CT.
(b) The Speed of Light CT.
(c) The LightSpeed CT.
(d) Speed the Light CT.

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

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

13. What kind of business is Pet Project?
(a) A new plastic to make collapsible water dishes.
(b) A guideline to determine how much plastic can safely be put into pet food.
(c) Pet health and life insurance.
(d) Obedience training for all domestic animals.

14. 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.

15. When does David Letterman move his show to CBS?
(a) After Jay Leno is chosen to host The Tonight Show.
(b) After GE buys CBS.
(c) After GE offers him large amounts of money to do so.
(d) When he learns the network wants to move his show to California.

Short Answer Questions

1. Which golf pro does Jack beat in a 1998 game?

2. In GE's Internet business, what is the new role of salespeople?

3. Which program begins in 1996, changing GE's culture?

4. Where is Jack's successor introduced?

5. What results in greater customer intimacy for GE?

(see the answer keys)

This section contains 515 words (approx. 2 pages at 300 words per page) View a FREE sample