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Sam Walton and the Rise of Walmart

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Where was Sam Walton born?

a)

Kingfisher, Oklahoma

b)

Columbia, Missouri

c)

Des Moines, Iowa

d)

Rogers, Arkansas

2.

What was the name of the first store Sam Walton bought?

a)

Ben Franklin Store

b)

Walton's Five and Dime

c)

Sam's Wholesale Club

d)

Walmart

3.

What was the initial offering generated when Walmart went public in 1970?

a)

1 million dollars

b)

5 million dollars

c)

10 million dollars

d)

50 million dollars

4.

What strategy did Sam Walton adopt to reduce the prices of his goods?

a)

Higher profit margins

b)

Limited product selection

c)

Higher advertising costs

d)

Volume-based sales

5.

What year did Sam Walton open his first Walmart store?

a)

1950

b)

1962

c)

1970

d)

1983

6.

What was the purpose of Sam's Wholesale Clubs?

a)

To compete with small retailers

b)

To offer discounts on bulk purchases

c)

To provide exclusive membership benefits

d)

To target small business owners

7.

What was the annual revenue of Walmart at the time of Sam Walton's death?

a)

104 million dollars

b)

104 billion dollars

c)

1 trillion dollars

d)

10 trillion dollars

8.

What criticism did Sam Walton face regarding his retail business?

a)

Competing with large retailers

b)

Putting small retailers out of business

c)

Charging high prices for goods

d)

Lack of customer service

9.

How many stores does Walmart currently have?

a)

1,000

b)

5,000

c)

10,500

d)

20,000

10.

What is the annual revenue of Walmart today?

a)

100 million dollars

b)

100 billion dollars

c)

500 billion dollars

d)

1 trillion dollars