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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 10: Stepping Back.

Multiple Choice Questions

1. When the company becomes divided, behind whom do the younger guys line up?
(a) Helen.
(b) Bob.
(c) Ron.
(d) Rob.

2. Jack Shewmaker comes into the picture as a potential candidate for ___________.
(a) CEO.
(b) Upper management.
(c) Vice president.
(d) President.

3. By the time all the changes in management at Wal-Mart are over, roughly how much of the upper management team is gone?
(a) 1/3.
(b) 1/4.
(c) 1/2.
(d) 2/3.

4. What does Sam play everywhere he goes?
(a) Football.
(b) Basketball.
(c) Tennis.
(d) Golf.

5. It is 1962 and many of the successful discounters are doing what, of which Sam seems to disapprove?
(a) Buying out stores.
(b) Selling low-quality products.
(c) Building new stores.
(d) Driving fancy cars and living in large homes.

Short Answer Questions

1. Now that Sam is out of debt, he feels he can really concentrate on _________.

2. Why is Ferold Arend hired?

3. What have Sam and his employees mastered?

4. Don Whitaker comes to the Wal-Mart organization from TG&Y. He is a hard-working and smart man who establishes a great philosophy for the company. What is this philosophy?

5. Phil Green concocts __________.

(see the answer key)

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