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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. What is Jack's vision for GE?
(a) Success without failure.
(b) Money and more money.
(c) Spontaneity and creativity.
(d) More medical plastics to save lives.

2. What do young Jack and his friends do to earn a little spare change?
(a) Sweep sidewalks.
(b) Sing on the street corner.
(c) Mow lawns.
(d) Collect bottles to exchange them for the deposit.

3. How are GE's profits used in 1984?
(a) One-time bonus for all employees.
(b) Raises for all employees.
(c) Reinvested to improve the company's competitiveness.
(d) Nice bonuses for upper level execs.

4. How old is Jack when he is promoted to a vice president for GE?
(a) 43.
(b) 23.
(c) 56.
(d) 36.

5. Which magazine features Jacks "No. 1 or No. 2" strategy in a cover story?
(a) USA Today.
(b) Time.
(c) Forbes.
(d) Newsweek.

Short Answer Questions

1. What are the human resources meetings called that are held at each GE business location?

2. Who greatly influences Jack's work ethic and fondness of current events?

3. How does Jack lose his college scholarship funded by the country club?

4. In which two areas of CEO duties does Jack quickly see he lacks skills?

5. What does QMI stand for?

Short Essay Questions

1. When faced with the real world of bad business, what is Jack's plan of attack?

2. Why is Jack disgruntled with his first $1,000 raise at GE?

3. What is Jack's unique approach to marketing industrial plastics in the 1970s?

4. What basic ideas does Jack say he hopes his book will communicate?

5. Why does Jack target GE Credit Corp as the company's most promising business?

6. Why does Jack learn the game of golf?

7. As Jack gets closer to GE's big leagues, what does he learn about the company's routine employee appraisals?

8. Why does Jack want out of the semiconductor business?

9. What is a "Work-Out" and what is its role in GE?

10. Why does Jack construct gyms in company facilities?

(see the answer keys)

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