Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

Mannat, a student of entrepreneurship decided to start her venture of manufacturing "Flood rescuing raft". For funding, she contacted one of the angel investors who suggested her to prepare a three minute summary of her business plan. Identify from the following options, the format of business plan suggested to Mannat, which is often used as a teaser to awaken the interest of potential funders, customers etc.

Options:

A well written presentation for external shareholders

An internal operational plan

A pitch deck with oral narratives

Elevator pitch

Correct Answer:

Elevator pitch

Explanation:

The correct answer is option (4) - Elevator pitch