Why Is an Elevator Pitch Called by That Name

question 104

Multiple Choice

Why is an elevator pitch called by that name?

• A) You might need to use it when you meet someone in the elevator.
• B) It elevates your self esteem.
• C) It elevates the organization's productivity.
• D) none of these

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Definitions:

Long-Lived Asset

Assets with a useful life of more than one year, used in the operations of a business, such as property, plant, and equipment.

Accounting Periods

Periods of time covered by financial statements, usually consisting of 12 months.

Prepaid Expenses

Payments made in advance for goods or services, which are recognized as assets on a balance sheet and expensed over time as the benefit is received.

Asset Account

An account that records the value of resources owned by an entity, which can provide future economic benefits.