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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 7: Taking the Company Public.

Multiple Choice Questions

1. This book is Sam's attempt to __________________.
(a) Clear the misconceptions about him, his business, and most importantly, his views on how to build a successful company.
(b) Build up Wal-Mart's popularity.
(c) Make himself famous.
(d) Earn extra money for his family.

2. What is significant about Sam's bet regarding being an Eagle Scout?
(a) He is the youngest in the state of Missouri at the time.
(b) He never became an Eagle Scout.
(c) He helped his sons become Eagle Scouts.
(d) He never truly wanted to be a Boy Scout.

3. He decides to run for the student body president and wins by doing one important move. What is that move?
(a) Recruiting followers.
(b) Bribing his fellow students with money or passing grades.
(c) He speaks to people before they speak to him.
(d) Blackmailing some of the student body.

4. Sam talks about the impact of the business on _________.
(a) The United States.
(b) His community.
(c) The world.
(d) His family.

5. Is Sam's deal with Alice unusual?
(a) Yes.
(b) Only at first.
(c) Somewhat.
(d) No.

Short Answer Questions

1. How does Sam feel never being on a losing team helped him?

2. Sam starts to hear about discounting companies. He knows that discounting is the way of the future but is fully immersed in what?

3. Initially why does Sam's superior questions whether he is good at retail?

4. What do the Walton kids all have to do?

5. Back in the 1960s, with what was Sam more concerned, rather than quality?

(see the answer key)

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