Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

Rajat wanted to setup his own business but he did not have the required funds. He was also not able to set up a meeting with the investors to explain his project. One day he was able to give a short summary of the project to the investors in the elevator. This awaken the interest of the investor. Identify the format of a business plan used by Rajat.

Options:

A pitch with oral narrative

Elevator pitch

Written presentation

Internal operational plan

Correct Answer:

Elevator pitch

Explanation:

The correct answer is Option (2) → Elevator pitch