Legacy of Sam Walton and Success Story of Do Won & Jin Sook Chang Quiz
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Questions and Answers

Where was Sam Walton born?

  • Seattle, Washington
  • Albuquerque, New Mexico
  • Kingfisher, Oklahoma (correct)
  • Los Angeles, California

What did Sam Walton study in college?

  • Business Administration
  • Electrical Engineering
  • Economics (correct)
  • Computer Science

Which company did Sam Walton found?

  • Amazon
  • Walmart (correct)
  • Starbucks
  • IKEA

What is the net worth of Jeffrey Bezos?

<p>$65.3 billion (B)</p> Signup and view all the answers

Where did Jeffrey Bezos study computer science and electrical engineering?

<p>Princeton University (C)</p> Signup and view all the answers

Who is the founder and CEO of Amazon.com?

<p>Jeff Bezos (D)</p> Signup and view all the answers

When did Sam Walton pass away?

<p>April 5, 1992 (B)</p> Signup and view all the answers

Which retail company did Sam Walton found?

<p>Walmart (C)</p> Signup and view all the answers

Where did Don Won and Jin Sook Chang (Forever 21 founders) immigrate from?

<p>South Korea (D)</p> Signup and view all the answers

What was the initial sales growth experienced by Forever 21 after its founding?

<p>$35,000 to $700,000 (B)</p> Signup and view all the answers

Which entrepreneur was known for transforming Starbucks into a global coffeehouse chain?

<p>Howard Schultz (D)</p> Signup and view all the answers

Which billionaire cofounded Forever 21?

<p>Don Won Chang (A)</p> Signup and view all the answers

What is fair trade?

<p>Purchasing from suppliers who pay workers a living wage (C)</p> Signup and view all the answers

What differentiates private-label brands from other brands?

<p>They are offered by conventional supermarket chains (A)</p> Signup and view all the answers

What is one approach used by supermarket chains to differentiate themselves from low-cost competitors?

<p>Providing better store ambience and customer service (A)</p> Signup and view all the answers

What distinguishes Hispanic shopping and eating patterns from the general population?

<p>Hispanics place importance on fresh food (B)</p> Signup and view all the answers

What type of stores combine a supermarket with a full-line discount store?

<p>Hypermarkets (A)</p> Signup and view all the answers

Approximately how many supercenters does Walmart operate in the United States?

<p>~3,500 supercenters (A)</p> Signup and view all the answers

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