Question

Given below are two statements : Statement I: Business ideation is important aspect of venture creation. Statement II: Conversation that happens in an elevator is known as elevator pitch.

In the light of the above statements, choose the most appropriate answer from the options given below :

Accepted Answer

C. Statement I is correct (business ideation is crucial). Statement II is incorrect because an elevator pitch is a brief, persuasive speech to pitch an idea, not just any arbitrary conversation inside an elevator.

Business Ideation and Elevator Pitch

Explanation

Practise this under exam conditions