If You Cannot Convey Your Product or Service Idea to Your

question 8

Multiple Choice

If you cannot convey your product or service idea to your audience of prospective financial backers in a few short sentences,you should ______.

• A)provide everyone with a detailed business plan document.
• B)abandon your product or service idea.
• C)spend time getting a clearer sense of the essence of your product.
• D)remind your audience that they are missing out on a unique opportunity.

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Definitions:

Civilian to Military Production

The transition of manufacturing and production processes from civilian to military goods, typically during periods of war or military buildup.

Government Military Contracts

Agreements or contracts between a government and private companies for the provision of goods and services to the military or for defense purposes.

Nation's Top Corporations

The leading companies in a country, typically measured by revenue, profitability, or market capitalization.

Closed-Shop

A workplace where employment is conditional upon the employee's membership in a labor union, typically found in industries with strong union representation.