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Skillful 2 - THE PATH TO SUCCESS? (p50-53)

Total questions: 10

Worksheet time: 18mins

Name
Class
Date
1.

Read the introduction to Starting on the path to success? Which sentence tells you the main focus of the text?

a)

It once took a company a long time to be worth a billion dollars.

b)

Today dozens of tech start-ups are

achieving this level of economic success within their

first five years

c)

While successful tech start-ups have

the ability to change traditional industries, many are

still not successful.

d)

Companies should focus on easy

access, the use of free content, creating a product

people need, and the time it takes to be successful.

2.

From the introduction, check the things you expect the text to cover. (Multiple answers)

a)

Successful start-up

b)

The failure of start-ups

c)

The history of traditional businesses

d)

Examples of how businesses can be successful

e)

The most successful entrepreneurs today

3.

Read the text and find the following: Two ways in which start-ups can create products (paragraph 2)

a)

people like receiving something for free, companies can give people a small part of product for free and then charge for more features, people are likely to tell their friends and family about free products.

b)

there isn't a need for the company's product, it is the wrong product for the time, there isn't space for the product in a crowded industry.

c)

They do not have enough money available, building a good brand can take a long time.

d)

improve the access for products that already exist, change how we use a product.

4.

Read the text and find the following: Three reasons why companies might give people free products (paragraph 3)

a)

people like receiving something for free, companies can give people a small part of product for free and then charge for more features, people are likely to tell their friends and family about free products.

b)

there isn't a need for the company's product, it is the wrong product for the time, there isn't space for the product in a crowded industry.

c)

They do not have enough money available, building a good brand can take a long time.

d)

improve the access for products that already exist, change how we use a product.

5.

Read the text and find the following: Three reasons for start-ups failing (paragraph 4)

a)

people like receiving something for free, companies can give people a small part of product for free and then charge for more features, people are likely to tell their friends and family about free products.

b)

there isn't a need for the company's product, it is the wrong product for the time, there isn't space for the product in a crowded industry.

c)

They do not have enough money available, building a good brand can take a long time.

d)

improve the access for products that already exist, change how we use a product.

6.

Read the text and find the following: Two additional reasons for start-ups failing (paragraph 5)

a)

people like receiving something for free, companies can give people a small part of product for free and then charge for more features, people are likely to tell their friends and family about free products.

b)

there isn't a need for the company's product, it is the wrong product for the time, there isn't space for the product in a crowded industry.

c)

improve the access for products that already exist, change how we use a product.

d)

They do not have enough money available, building a good brand can take a long time.

7.

Choose the correct ending for each sentence. Companies often need to...

a)

grow to be

successful.

b)

know when to

adapt.

c)

operate online to be

successful.

8.

Choose the correct ending for each sentence. Giving a product away for free may...

a)

cost a lot of

money.

b)

save money on

advertising.

c)

not be possible for

start-ups.

9.

Choose the correct ending for each sentence. Minidiscs did not do well because...

a)

the technology

was not very

good.

b)

it was cheap

and had a bad

reputation.

c)

another product

became available.

10.

Choose the correct ending for each sentence. New companies of need...

a)

support from

celebrities to be

successful.

b)

exciting new

products to be

successful.

c)

time and money to be

successful.