34. According to paragraph 1, why did Louisa Coffee postpone its public stock offering？
(A)Its overall revenue all over the island had begun to decline.
(B)Its gross margin had fallen below acceptable levels.
(C)Its net profit per store was unexpectedly low.
(D)Its franchise agreements had expired.

35. The word "occupy" in paragraph 2 is closest in meaning to _____. (A)hold a position in (B)take up a space (C)physically enter (D)compete against

36. According to paragraph 2, all of the following are mentioned as challenges Louisa faced EXCEPT: (A)increasing costs of coffee beans on the global market (B)growing competition from international coffee chains (C)inconsistent service quality across franchised stores (D)a shift in the customer base toward students

37. Why does the author mention "students who stayed for hours after buying inexpensive drinks" in paragraph 2？ (A)To suggest that Louisa should ban university students from its stores (B)To show that Louisa's prices were too low to be sustainable for young employees (C)To illustrate the popularity of Louisa among young people on university campuses (D)To explain how the store environment unintentionally changed the brand's customer base

38. According to paragraph 3, Louisa has done all of the following as part of its transformation EXCEPT: (A)added food items to its menu (B)expanded its central kitchen operations (C)closed underperforming franchise locations (D)launched new restaurant brands in different cuisines

39. The word "differentiation" in paragraph 4 is closest in meaning to _____. (A)separation between management and franchisees (B)distinctive quality that sets a brand apart (C)difference in pricing across stores (D)variety of products offered

40. It can be inferred from the passage that Michael Porter's theory suggests that _____. (A)firms that fail to commit to a clear strategic position tend to struggle (B)companies in the middle of the market outperform their competitors (C)successful companies usually combine low cost and distinctive value (D)differentiation is more important than cost control in retail businesses

41. What is the central theme of the passage？ (A)Technological systems inevitably diminish human autonomy. (B)The influence of algorithms is limited to information retrieval processes. (C)Technological innovation primarily enhances efficiency and social interaction. (D)The expansion of digital technologies reshapes human agency and decision-making.

42. The term “filter bubbles” most nearly refers to: (A)Algorithmically curated environments that restrict exposure to diverse viewpoints (B)Technical limitations that prevent access to accurate information (C)Digital platforms designed to increase user engagement (D)Personalized systems that enhance the quality of information selection

43. What risk is associated with algorithmic mediation of decisions？ (A)It increases users’ awareness of alternative perspectives. (B)It reduces the need for human judgment in routine tasks. (C)It may discourage critical evaluation of information and choices. (D)It improves the efficiency of information processing.

44. According to the article, the impact of technology on human agency is best understood as: (A)Inherently deterministic and largely irreversible (B)Contingent upon the ways in which technologies are designed and used (C)Uniformly beneficial across different social contexts (D)Negligible in shaping patterns of human behavior

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