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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 15: Thinking Small.

Multiple Choice Questions

1. The focal point of their communications are ___________.
(a) The Sunday meetings.
(b) The daily meetings.
(c) The annual meetings.
(d) The Saturday meetings.

2. What are the consequences of the competition between Wal-Mart and Kmart?
(a) It is unusual and disturbing.
(b) It is one of the worst duals and weakens Wal-Mart.
(c) It is unremarkable and typical.
(d) It is one of the best duals and strengthens Wal-Mart.

3. Now Wal-Mart has a profit-sharing policy for their employees that is currently ___________ at the time of publication.
(a) $1.8 billion.
(b) $18 billion.
(c) $1.8 trillion.
(d) $1.8 million.

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?
(a) Let's be quick and quiet.
(b) Let's do it now and do it right.
(c) Let's be number one. Let's be honest and hard-working.
(d) Let's be out front. Let's do it right. Let's get it done now and get on with it.

5. For a variety of reasons, Rob convinces Sam to do what with his debt?
(a) Reconsolidate it into one large personal loan.
(b) Split his debt into many small loans for the business.
(c) Split his debt into a few small personal loans.
(d) Reconsolidate it into one large loan for the business.

Short Answer Questions

1. What did going public do to Sam's family?

2. When did Wal-Mart take on Kmart?

3. The way the management treats its associates is exactly how they will treat who?

4. Wal-Mart starts building stores quickly by establishing ___________.

5. On what was Sam too focused?

(see the answer key)

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