Chapter 17 – Starting Over (P164-177)
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Http://www.huffingtonpost.com/2013/10/10/lancaster-caramels_n_4077702.html (Here is a newspaper article about their caramels. You can buy them in January 2014.) Milk was the ingredient that made Milton Hershey’s Caramel’s so good. What were three reasons that milk was better than paraffin?
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It was healthy and wholesome.
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It was cheaper and never spoiled like paraffin.
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It tasted better than paraffin in caramels.
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It was safe and not dangerous to drink anymore because of pasteurization.
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Explore Milton Hershey's journey as an independent businessman in 'Chapter 17 \u2013 Starting Over. ' This quiz assesses understanding of his strategies, challenges, and critical business decisions, focusing on his use of ingredients and expansion efforts.
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- 2.
Milton’s mother and Aunt Mattie come to his new workshop and offer to help him under one condition. What does Milton promise he will never do?
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He will never let his father set foot in his shop again.
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He will never let his father come over to his house again.
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He will never let his father be a part of his business or take his advice again.
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He will never see his father again.
Correct Answer
A. He will never let his father be a part of his business or take his advice again.Explanation
Milton promises that he will never let his father be a part of his business or take his advice again.Rate this question:
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- 3.
Milton’s business is too small so he needs to expand. What are two reasons that it was too small?
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He could only work from a small warehouse with no store.
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He only had a small store.
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He could only sell his caramels from a pushcart.
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He only had five employees.
Correct Answer(s)
A. He could only work from a small warehouse with no store.
A. He could only sell his caramels from a pushcart.Explanation
The business being too small is indicated by the fact that Milton could only work from a small warehouse with no store and could only sell his caramels from a pushcart. These limitations suggest that Milton's business lacked a proper physical retail space and had limited means of distribution, which would hinder its growth and expansion potential.Rate this question:
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- 4.
He asks his aunt to sign with him for a loan from the bank. She tells him she will think about it. She says yes because she can offer the bank a small house on South Queen Street as collateral.
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True
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False
Correct Answer
A. TrueExplanation
The aunt agrees to sign with him for a loan from the bank because she can offer the bank a small house on South Queen Street as collateral.Rate this question:
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- 5.
Milton gets a loan for $700 but he only has three months to pay it back. What are two things Milton says that he needs?
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He needs little luck.
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He needs more people to help him sell his candies.
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He needs to sell a million caramels in 90 days.
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He needs a large order.
Correct Answer(s)
A. He needs little luck.
A. He needs a large order.Explanation
Milton says that he needs little luck because he acknowledges that luck plays a role in his ability to pay back the loan successfully. Additionally, he says that he needs a large order, indicating that he requires a significant amount of sales in order to generate enough revenue to repay the loan within the given timeframe.Rate this question:
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- 6.
An importer from England arrives at Milton’s door. What was his name?
Correct Answer(s)
Mr. Decies
DeciesExplanation
The correct answer is "Mr. Decies, Decies." This suggests that the importer's name is Mr. Decies and he is commonly referred to as simply "Decies."Rate this question:
- 7.
Milton accepts the order and then he goes to the bank to ask for another ____________________ .
Correct Answer(s)
loanExplanation
After accepting the order, Milton realizes that he needs additional funds to fulfill the order. Therefore, he goes to the bank to ask for another loan. This loan will provide him with the necessary financial resources to complete the order successfully.Rate this question:
- 8.
He needs to convince Mr. Brennenman to give him a large amount of money but at first he refuses. Milton decides to show him the factory and give him a taste of his caramels. Mr. Brennenman still refuses.
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True
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False
Correct Answer
A. FalseExplanation
The given answer is false because the statement implies that Mr. Brennenman still refuses after Milton shows him the factory and gives him a taste of his caramels. However, the question does not provide any information about Mr. Brennenman's response after experiencing the factory and the caramels. Therefore, we cannot determine whether he still refuses or not based on the given information.Rate this question:
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- 9.
Milton did everything himself now as an independent businessman. What were two things he did that his mother and Aunt used to help him with?
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He developed his own chocolates without his aunt’s money.
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He sold the caramels on the street without his mother’s help.
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He made his own plans and business decisions.
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He wrapped his own caramels
Correct Answer(s)
A. He made his own plans and business decisions.
A. He wrapped his own caramelsExplanation
Milton used to rely on his mother and aunt for assistance in two specific areas. Firstly, he developed his own chocolates without relying on his aunt's financial support. This suggests that he took full responsibility for the financial aspect of his business, demonstrating his independence. Secondly, he wrapped his own caramels without his mother's help. This shows that he took charge of the production process, further highlighting his self-reliance as an independent businessman.Rate this question:
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- 10.
What is your opinion? Would you give money to “a young man and two old ladies?” Why?
Correct Answer(s)
Yes, your reason...
No, your reason...
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Mar 19, 2023Quiz Edited by
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Dec 24, 2013Quiz Created by
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