Read the following passage and mark the letter A, B, C, or D on your answer sheet to indicate the correct word or phrase that best fits each of the numbered blanks
Internet Business
In the mid to late 1990s, thousands of new companies were set up with one purpose: to benefit from the explosion of interest in the internet. Large corporations were happy to invest millions in the weirdest website ideas, confident that they would make a (26) _______ overtime. Most of them didn’t. Indeed, the vast majority of them have gone bust, leaving their investors seriously out of pocket. So what went wrong?
The main mistake that companies made was to forget to ask how their dot com company (as internet- based companies are sometimes called) would actually make a profit. It sounds fairly obvious now, but in the rush to ‘get on the net’, the whole concept was (27) _______. There was also a second problem (28) _______ dot coms did not anticipate. Yes, internet traffic was increasing enormously, (29) _______ people still feel uncomfortable – many still do, in fact – about buying products and services online. Even if the dot coms had come up with sensible business ideas, it’s unlikely they would have brought in enough to cover their initial investment.
There were (30) _______ exceptions , of course. Some companies have been hugely successful on the internet. Most, however, found it wasn’t as easy to run an internet business as they’d thought.
(Adapted from Laser B2 by Malcomn Mann and Steve Taylor-Knowles)
Question:
(26) _______
-
A.
prosperity -
B.
wealth -
C.
treasure -
D.
fortune
Reference explanation:
Correct Answer: EASY
Knowledge: Phrase
Make a fortune: get rich, build a fortune and make a lot of money
Large corporations were happy to invest millions in the weirdest website ideas, confident that they would make a (26) fortune overtime.
Translated: Large corporations have been happy to invest millions of dollars in the weirdest website ideas, confident that over time they will (26) get rich.
=> Choose the EASY answer
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The internet has revolutionized the way we do business, and it has opened up a world of possibilities for entrepreneurs. With the rise of the internet, large corporations have been quick to invest millions in some of the weirdest website ideas, confident that they would make a profit over time.
One of the most notable examples of this is the website “Fiverr”. Fiverr is an online marketplace where people can buy and sell services for as little as five dollars. It was founded in 2010 and quickly became one of the most popular websites on the internet, with millions of users and millions of dollars in revenue.
Another example is the website “TaskRabbit”. TaskRabbit is a website that connects people with tasks that need to be done, such as cleaning or running errands. It was founded in 2008 and has since become one of the most successful websites in the world, with millions of users and millions of dollars in revenue.
Finally, there is the website “Kickstarter”. Kickstarter is a crowdfunding platform that allows people to raise money for projects and businesses. It was founded in 2009 and has since become one of the most popular websites on the internet, with millions of users and millions of dollars in revenue.
These are just a few examples of the weirdest website ideas that large corporations were happy to invest millions in, confident that they would make a profit over time. While these websites may seem strange at first, they have all become incredibly successful businesses and have revolutionized the way we do business.