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

Multiple Choice Questions

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

2. On which network does Jack host his own show?
(a) CNN.
(b) CABC.
(c) Fox News.
(d) CNBC.

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

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

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

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

7. How many candidates does Jack start with in 1994 as he seeks his successor?
(a) 23.
(b) 19.
(c) 25.
(d) 8.

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

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

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

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

12. By May 2001, which established TV show is Jack's competing with directly?
(a) Donny Deutch's The Big Idea.
(b) Face the Nation.
(c) Larry King Live.
(d) Lou Dobb's Moneyline.

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

14. According to Jack, what is growing services all about?
(a) Public relations.
(b) Insurance.
(c) People.
(d) Profits.

15. What results in greater customer intimacy for GE?
(a) Medical investments.
(b) Improved public relations.
(c) Technology investments.
(d) Financial services investments.

Short Answer Questions

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

2. Which deal secures Japanese distributor Nagase & Co. as GE's new partner?

3. Under the company's new culture, who is rewarded with GE stock options?

4. How do local utility engineers use GE's power systems home pages?

5. How does Jack plan to select a successor that the board will unite behind?

(see the answer keys)

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