JK Rowling, author of Harry Potter, is known all over the world today. However, success didn’t come easily to her, and for many years she struggled to get her work in print. She submitted script after script to publishers only to receive rejection letters. This was a costly error for these publishers, who clearly should have accepted her work. Finally she had success with Bloomsbury Publishers, and the rest is history!Throwing away 7,500 bitcoinsA man named James Howells got something very wrong. In his earnestness to clean the house, he threw away something he shouldn’t have, and he lived to regret it. In 2009 James had bought 7,500 bitcoins. He had bought the bitcoins because he was interested in the concept but then didn’t think more about it. Five years later, the value of bitcoins soared to over $800 per coin. James realized that he could have been a very rich man, but, sadly for him, he had thrown away his hard drive which contained the bitcoins. If he hadn’t thrown out his hard drive, he would have been a millionaire. Turning away the BeatlesIn 1962, before the Beatles became successful, they wanted to sign a record deal with a music producer. They had made numerous trips to London, wandering the streets and trying to get a company to believe in their music. One of the companies they approached was Decca. On January 1 1962, the group performed a total of 15 songs, hoping for approval from Decca. Unfortunately for Decca, they made the mistake of turning down the Beatles. Decca got it wrong, a blunder they lived to regret as the Beatles became a global success after signing a contract with EMI.Question 72Not yet answeredMarked out of 1.25Flag questionQuestion text1. Which statement is true?Multiple choice 1 Question 72She published her own books. She publishes books about magic.Publishers thought printing her book would be expensive.She writes scripts for movies.  2. What did Bloomsbury Publishers do?Multiple choice 2 Question 72It hired Rowling as one of their publishers. It published history books.It turned down the Harry Potter books. It published the Harry Potter books.  3. Why did Howells buy the Bitcoins in the first place?Multiple choice 3 Question 72He needed the money. He believed he would become a millionaire. He wanted to play a trick on someone.He was interested in the idea behind it. 4. What happened to Howells' hard drive?Multiple choice 4 Question 72He sold it. He deleted everything on it. He lost it.He threw it out.  5. What did Decca do?Multiple choice 5 Question 72It wrote a contract with The Beatles and made a lot of money. It rejected The Beatles. It wrote 15 songs for The Beatles. It believed in The Beatles.

Highlight the piece of evidence that best supports the claim.Claim: While wildly popular now, the Harry Potter series was not expected to be a success.It took J.K. Rowling five years to complete her draft of the first book in the Harry Potter series. For many years after the draft was completed, she struggled to find a publisher. Twelve different publishing houses rejected her before a company called Bloomsbury finally accepted the book. Even then, Bloomsbury executives weren’t convinced that Rowling’s work would sell well. They told Rowling to get another job because they didn’t think Harry Potter could realistically bring in much money.

____ by the well-known writer J K Rowling, Harry Potter has been one the most sold books around the world.Group of answer choicesWroteTo writeWrittenWrite

Over the past few months, he had been unable to deliver the predicted levels of returns for his clients, so he decided to resort to drastic measures. Initially he tried to recover the position by investing funds in high risk securities to generate higher returns, even though his clients had only ever agreed to medium risk levels for their investments. However, even this tactic failed to deliver sufficient profits and some investments actually lost considerable amounts of money. In desperation Krank’s behaviour took a very disturbing turn when he started a fraudulent investment operation where he paid returns to his existing investors from new capital paid into the fund by new investors, rather than from profit earned. He enticed new investors into the scheme by offering them far higher returns than were available from other comparable investments, often in the form of short-term profits which were both abnormally high and unusually consistent. Unfortunately in order to maintain this deception of seemingly perpetual high returns, Krank required an ever-increasing flow of money from new investors which was clearly unsustainable. Over time, returns became far more volatile simply because of the higher risk investments and reduced amounts of new investment capital becoming available.James Reynolds, a wealthy client who wanted to extract value from a fund managed by Krank for his impending retirement, noticed that returns on his fund were showing increased volatility. He demanded an explanation from Krank, who responded by advising him that he must have looked at his fund on a bad day. He assured Mr Reynolds he always aimed to maximize returns on his clients’ investments even if this meant bending the rules occasionally. He further claimed that Mr Reynold’s fund would both grow in value and stabilise very soon. Mr Reynolds was unconvinced by Krank’s weak and unsubstantiated explanation; so he referred the matter to Krank’s manager Required:Criticize how the behavior of Stefan Krank resulted in a clear breach in his duty to his clients as their fund manager

When the first Harry Potter book appeared, in 1997, it was just a year before the universal search engine Google was launched. And so Hermione Granger, that charming grind, still goes to the Hogwarts library and spends hours and hours working her way through the stacks, finding out what a basilisk is or how to make a love potion, while the kids who have since come of age nudge their parents. ‘Why is she doing that?’ they whisper. ‘Why doesn’t she just Google it?’That the reality of machines can outpace the imagination of magic, and in so short a time, does tend to lend weight to the claim that the technological shifts in communication we’re living with are unprecedented. It isn’t just that we’ve lived through one technological revolution among many; it’s that our technological revolution is the big social revolution that we live with. The past twenty years have seen a revolution less in morals, which have remained mostly static; the change has been our ability to tweet or IM or text it. The subject our novelists focus on is information; the obsession of our intelligentsia is what it does to our intelligence.The scale of the transformation is such that an ever-expanding literature has emerged to censure or celebrate it. A series of books explaining why books no longer matter is a paradox that Sherlock Holmes would have found implausible, yet there they are, and they come in the typical flavours: the eulogistic, the alarmed, the sober and the gleeful. When the electric toaster was invented, there were, no doubt, books that said that the toaster would open up horizons for breakfast undreamed of in the days of burning bread over an open flame; books that told you that the toaster would bring an end to the days of creative breakfast, since our children, growing up with uniformly sliced bread, made to fit a single opening, would never know what a loaf of their own was like; and books that told you that sometimes the toaster would make breakfast better and sometimes it would make breakfast worse, and that the cost for finding this out would be the price of the book you’d just bought.Which of the following best describes the author’s toneSardonicSatiricalAbsurdBemused

When the first Harry Potter book appeared, in 1997, it was just a year before the universal search engine Google was launched. And so Hermione Granger, that charming grind, still goes to the Hogwarts library and spends hours and hours working her way through the stacks, finding out what a basilisk is or how to make a love potion, while the kids who have since come of age nudge their parents. ‘Why is she doing that?’ they whisper. ‘Why doesn’t she just Google it?’That the reality of machines can outpace the imagination of magic, and in so short a time, does tend to lend weight to the claim that the technological shifts in communication we’re living with are unprecedented. It isn’t just that we’ve lived through one technological revolution among many; it’s that our technological revolution is the big social revolution that we live with. The past twenty years have seen a revolution less in morals, which have remained mostly static; the change has been our ability to tweet or IM or text it. The subject our novelists focus on is information; the obsession of our intelligentsia is what it does to our intelligence.The scale of the transformation is such that an ever-expanding literature has emerged to censure or celebrate it. A series of books explaining why books no longer matter is a paradox that Sherlock Holmes would have found implausible, yet there they are, and they come in the typical flavours: the eulogistic, the alarmed, the sober and the gleeful. When the electric toaster was invented, there were, no doubt, books that said that the toaster would open up horizons for breakfast undreamed of in the days of burning bread over an open flame; books that told you that the toaster would bring an end to the days of creative breakfast, since our children, growing up with uniformly sliced bread, made to fit a single opening, would never know what a loaf of their own was like; and books that told you that sometimes the toaster would make breakfast better and sometimes it would make breakfast worse, and that the cost for finding this out would be the price of the book you’d just bought.Which of the following best describes the style of the passage?ArgumentativeNarrativeAnalyticalDescriptive