Reading Passage Question
Of course, it doesn’t hurt that everyone from consumers to investors now recognizes the legitimacy of online businesses. It was once considered risky to shop online. But an Internet-based business model has proven to be a worthwhile investment time and time again, with the same potential risks and rewards as any other type of business. Add to the mix that technology has also come a long way, and shopping online using everything from a desktop computer or laptop, to a tablet or a web-enabled mobile phone (smartphone) is as easy as ever. And individuals are not the only ones spending more on online transactions. Increasingly, businesses of all sizes are also buying products and services online. Those same companies are also spending money to advertise on the Internet and reach their customers through traditional websites and social media sites. All these interactions represent a business opportunity by which people earn a living on the Internet. Why shouldn’t one of those people be you?
“Of course, it doesn’t hurt that everyone from consumers to investors now recognizes the legitimacy of online businesses.”- is a GMAT reading comprehension passage with answers. Candidates need a strong knowledge of English GMAT reading comprehension.
This GMAT Reading Comprehension consists of 6 comprehension questions. The GMAT Reading Comprehension questions are designed for the purpose of testing candidates’ abilities in understanding, analyzing, and applying information or concepts. Candidates can actively prepare with the help of GMAT Reading Comprehension Practice Questions.
Solution and Explanation
- The authors’ attitude towards starting an online business can best be characterized as which of the following?
(A) Prophetic and stern
(B) Eager and over-accommodating
(C) Enthusiastic and supportive
(D) Doubtful and cautioning
(E) World-weary and accepting
Answer: C
Explanation: “Of course” is used by the author as the first word in the sentence. He claims that the fact that investors and customers alike now acknowledge the credibility of internet firms doesn't hurt. Online shopping used to be viewed as dangerous. But despite the same potential dangers and benefits as any other kind of firm, an Internet-based business strategy has repeatedly shown to be a good investment. When we factor in how far technology has advanced, buying online is now as simple as ever. Whether it's using a desktop or laptop, tablet, or web-enabled smartphones.
- Which of the following statements most accurately explains the role of the [Highlighted] sentence in the passage?
(A) It provides a counter-argument which will be refuted.
(B) It is the thesis of the passage.
(C) It provides a list of examples that support the passage.
(D) It shows a pivot in the passage away from the main point to a subsidiary point.
(E) It develops the main idea beyond the initial example to show another way it applies.
Answer: E
Explanation: With the same potential risks and benefits as any other sort of business, an internet-based business strategy has repeatedly shown to be a worthy investment. The advancement of technology should also be considered. It's simple as ever to shop online using a desktop computer, laptop, tablet, or web-enabled mobile phone among other devices. Additionally, businesses as well as people are spending more money online. Businesses of all sizes are increasingly using the internet to make purchases of goods and services. This proves that the core idea is developed beyond the first example to demonstrate another application.
- Which of the following would be the best title for the passage?
(A) Technology Has Come a Long Way
(B) More and More People Shop Online
(C) Are You Interested in Using the Internet?
(D) Consider Starting an Online Business
(E) The Internet Changes Rapidly
Answer: D
Explanation: Choice D “Consider Starting an Online Business” would best fit the title of the passage. As the author mentions in the passage that everyone from consumers to investors now recognizes the legitimacy of online businesses. Internet-based business models have proven to be a worthwhile investment time and time again. With the same potential risks and rewards as any other type of business. Businesses of all sizes are increasingly using the internet to make purchases of goods and services. This proves that the core idea is developed beyond the first example to demonstrate another application.
- According to the passage, what is one technological development which has contributed to the ease of shopping online?
(A) Cell phones
(B) Smart televisions
(C) The rise of computer coding as a hobby
(D) Smartphones
(E) Broadband internet
Answer: D
Explanation: As the author stated. “Add to the mix that technology has also come a long way, and shopping online using everything from a desktop computer or laptop, to a tablet or a web-enabled mobile phone (smartphone) is as easy as ever.”
- The last sentence plays what role in this passage?
(A) It asks a rhetorical question.
(B) It poses a challenge to the reader.
(C) It reveals the authors’ true purpose in writing the passage.
(D) It lends a sense of mystery or suspense.
(E) It invites readers to give an Internet-based business a try.
Answer: E
Explanation: The passage offers a favourable assessment of web-based companies. The internet-based company model. According to the author, it has repeatedly shown to be a wise investment with the same potential risks and benefits. Like any other kind of firm. The author claims at the passage's conclusion that businesses are also paying money. To promote online and connect with their clients through social media and traditional websites. All of these contacts create a commercial opportunity through which individuals may make a career online. Why shouldn't one of those people be yourself, he queries.
- According to the passage, who or what has joined the individual consumer as a major purchaser via online sites?
(A) Individual consumers
(B) Websites
(C) Social media
(D) Businesses of all sizes
(E) The government
Answer: D
Explanation: The internet-based company model has consistently shown to be a wise investment, with the same potential risks and benefits as any other kind of firm. Businesses of all sizes are increasingly using the internet to make purchases of goods and services. The same businesses are also investing in online advertising to reach consumers via social media and more conventional websites.
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