Which of the Following Statements About an Elevator Pitch Is

question 97

Multiple Choice

Which of the following statements about an elevator pitch is true?

• A)It is shorter than a vision statement or tagline.
• B)It consistently leads to specific businesses.
• C)The idea of the pitch is that you are alone with a prospective customer for the length of an elevator ride.
• D)The pitch ends with where the business is headed.

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Definitions:

Balance Sheet Exposures

The risks shown on a balance sheet due to fluctuations in foreign exchange rates, interest rates, and other variables affecting asset and liability values.

Foreign Operations

Business activities conducted in a country different from the company's home country, often requiring management of currency exchange, legal, and cultural differences.

Days' Sales

A financial metric indicating how quickly a company's inventory is sold and replaced over a specific period.