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

Multiple Choice Questions

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

2. What does Jack decide is the best way to differentiate GE from Japanese companies?
(a) He appoints Anne Abaya to be head of the company's human resources in Japan.
(b) All the answers are correct.
(c) He promotes GE as the employer of choice for women.
(d) He pays a senior female employee who speaks Japanese to be in an ad campaign.

3. How do local utility engineers use GE's power systems home pages?
(a) To compare the price of turbines.
(b) To compare the cost of fueling turbines.
(c) To compare the cost of heating turbines.
(d) To compare heat rate and fuel burn in turbines.

4. Which scandalous investment banking firm does GE buy?
(a) Chase, Manhattan.
(b) Kidder, Peabody.
(c) Neiman, Marcus.
(d) Paine-Webber.

5. 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 cable TV.
(d) The spread of satellite TV.

6. Which country's air force benefits from laundered GE money?
(a) United States.
(b) Afghanistan.
(c) Israel.
(d) Iran.

7. Who was ranked as the Number 1 CEO golfer by Golf Digest?
(a) Scott McNealy.
(b) Bill Gates.
(c) Jack Welch.
(d) Reg Jones.

8. Which aspect of GE's business is the first to introduce long-term service contracts for the company?
(a) Medical systems.
(b) Credit and financial.
(c) Lighting.
(d) Appliances.

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

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

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

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

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

14. What kind of acquisitions does Jack pass up in the late 1990s?
(a) High-tech companies.
(b) Work-from-home companies.
(c) Grant-funded companies.
(d) Women-owned companies.

15. Who does Golf Digest rank as the Number 2 CEO golfer?
(a) Jack Welch.
(b) Reg Jones.
(c) Scott McNealy.
(d) Bill Gates.

Short Answer Questions

1. Who earns the title "Father of GE Global Activity"?

2. When Jack reflects on things that worked for him as CEO, what tops his list?

3. Jack says China is more than a market. What does he say it is?

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

5. To what does Jack compare his first 10 years as CEO?

(see the answer keys)

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