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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. What is Ferold Arend's position prior to coming to Wal-Mart?
(a) He is president of a Midwest variety chain store.
(b) He is a cashier at a Midwest variety chain store.
(c) He is head of merchandise for the whole Midwest for a variety chain store.
(d) He is the owner of a Midwest variety chain store.

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

3. Sam believes that he was over-blessed with the traits of ____________.
(a) Understanding and empathy.
(b) Ambition and drive.
(c) Pride and jealousy.
(d) Love and kindness.

4. Before Wal-Mart, what did the Waltons like to do?
(a) Go to the opera.
(b) Ride horses.
(c) Go fishing.
(d) Go camping.

5. How does Sam feel never being on a losing team helped him?
(a) It helps him not trust losers.
(b) It helps him trust others to be losers.
(c) It makes him never want to be a loser.
(d) It helps him believe that he can always win.

Short Answer Questions

1. Sam is about to graduate with a degree in business and has plenty of energy, but is unsure ___________.

2. Sam buys stores in Little Rock, Springdale, and Siloam Springs, Arkansas, as well as Neodesha and Coffeyville, ___________.

3. Do Sam's kids feel as though Sam was not around during their childhood?

4. Sam finds a store in Bentonville, but almost does not get the business. Why?

5. Don is a good example of another one of Sam's top talents. What is this talent?

(see the answer key)

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