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Jigsaw Reading - Comprehension Questions Flashcards | StudBud
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Jigsaw Reading - Comprehension Questions
Jigsaw Reading - Comprehension Questions
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Questions
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Answers
1
Which strategy helped Joi-Lin Hunt maintain financial stability?
Making strategic investments and managing resources wisely
Avoiding investments to reduce risks
Relying solely on cash savings
Ignoring financial planning to focus on creativity
2
Joi-Lin Hunt believes that self-care and work-life balance are unnecessary when managing multiple businesses.
True
False
3
Resilience allows entrepreneurs to completely avoid failure.
False
True
4
Joi-Lin Hunt’s journey highlights the importance of perseverance and ongoing learning in achieving success.
True
False
5
Which scenario best reflects an entrepreneur demonstrating adaptability?
Reducing investment in research and development to avoid financial risks
Expanding a physical store despite increasing online demand
Shifting to digital marketing after a decline in traditional sales.
Refusing to modify a product design despite negative feedback
6
Why are strong communication skills important for entrepreneurs?
To confidently reject investor feedback
To effectively share their vision with stakeholders
To strictly enforce company rules
To limit employee input and control discussions
7
Which combination of traits is most likely to help an entrepreneur succeed in a competitive market?
Leadership, risk avoidance, and technical skills
Financial flair, adaptability, and resilience
Strong social skills, rigid planning, and market dependence
Innovation, financial independence, and teamwork
8
Adaptable entrepreneurs are less likely to adjust their strategies during economic shifts.
True
False
9
Joi-Lin Hunt successfully established her businesses by avoiding financial risks.
False
True
10
Which combination of businesses did Joi-Lin Hunt successfully establish?
A technology company, a bakery, and a language school
A fitness center, a clothing store, and an accounting firm
A travel agency, a real estate firm, and a beauty salon
A law firm, an income tax franchise, and a chain of hair salons
11
Which of the following reflects ethical responsibility in entrepreneurship?
Incorporating sustainability practices and supporting social causes
Maximizing profits by cutting employee benefits
Reducing transparency with stakeholders to protect investments
Avoiding environmental concerns to reduce expenses
12
Entrepreneurs must develop strategies to sustain and expand their businesses.
True
False
13
What is an example of a calculated risk in entrepreneurship?
Investing heavily in an untested product with no market research
Launching multiple businesses without a structured plan
Taking out a loan after analyzing market trends and potential profits
Relying solely on personal savings without consulting experts
14
What financial practice is most important for ensuring a startup’s long-term stability?
Expanding the business rapidly without monitoring costs
Prioritizing cash flow management and strategic spending
Investing heavily in advertising without a clear budget
Relying solely on personal savings to fund projects
15
Entrepreneurs who quickly transitioned to digital platforms during COVID-19 boosted their chances of business survival.
False
True
16
Jeff Bezos demonstrated resilience by continuing to develop Amazon despite early challenges and financial risks.
True
False
17
Companies like Apple, Tesla, and Amazon succeeded by avoiding innovation and following established business models
True
False
18
Innovation is only about creating new products.
False
True
19
Elon Musk's financial success was largely due to his ability to secure funding for research and development.
True
False
20
Entrepreneurs primarily focus on working for established companies to ensure financial stability.
True
False
