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3) According to the passage, why do many start-ups fail within the first year?
A. They develop products without market demand.
B. They don't register as official businesses.
C. They have poor website design.
D. They don't receive enough media attention.
☐ C
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4) What is the main challenge for most start-ups in the early stages?
A. Avoiding financial fraud
B. Competing with already established companies
C. Recruiting highly skilled employees
D. Selecting a unique name for the company
5) The mention of Zuckerberg and Jobs in the passage is mainly to:
A. Emphasize how major companies can start in modest places
B. Suggest that tech start-ups are more likely to succeed
C. Criticize the lack of workspace in early start-ups
D. Show that success depends on family support
6) What does the phrase "pivot their business models" most likely mean?
A. Copy ideas from competitors
B. Change strategies to suit the market
C. Expand their workforce
D. Lower their prices permanently
7) What does the passage suggest is important for long-term start-up success?
A. Launching with a large investment
B. Having a loyal customer base from day one
C. Continuously adjusting to market needs
D. Attracting international clients quickly
8) Which of the following best describes what helped Uber succeed?
A. Being flexible and improving their model
B. Offering low prices compared to taxis
C. Hiring celebrities to promote the service
D. Advertising on social media constantly
9) Which of the following best summarizes the overall message of the passage?
A. Despite high failure rates, determined start-ups can achieve great success
B. Start-ups are risky and should be avoided by most people
C. Only technology-based start-ups stand a chance of success