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The Rise of Walmart: A Business History Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What year did Sam Walton open his first Walmart store?

a)

1945

b)

1962

c)

1950

d)

1970

2.

What was the profession of Sam Walton's father?

a)

Salesman

b)

Farmer

c)

Teacher

d)

Doctor

3.

How much revenue did Walmart generate in 2021?

a)

$500 million

b)

$572 billion

c)

$104 billion

d)

$1 trillion

4.

What was Sam Walton's initial job in the retail industry?

a)

Sales trainee at JCPenney

b)

Clerk at Macy's

c)

Manager at Walmart

d)

CEO at Sears

5.

In what year did Sam Walton die?

a)

1975

b)

1985

c)

1992

d)

2000

6.

What innovative concept did Sam Walton implement in his stores in the 1950s?

a)

24-hour opening

b)

Self-service

c)

Online shopping

d)

Home delivery

7.

What was the main criticism against Sam Walton's business practices?

a)

Overpricing products

b)

Poor customer service

c)

Environmental damage

d)

Putting small retailers out of business

8.

How did Sam Walton fund the expansion of Walmart initially?

a)

Private investors

b)

Inheritance money

c)

Profits and borrowing

d)

Government grants

9.

What was the key to Sam Walton's success according to the text?

a)

Advanced technology

b)

Customer satisfaction

c)

International trade

d)

Stock market investments

10.

What year did Walmart go public?

a)

1980

b)

1970

c)

1962

d)

1990