A brief carefully constructed statement that outlines the merits of a business opportunity is called a(n):
A) subway speech
B) sway speech
C) bootstrap speech
D) teaser speech
E) elevator speech

Question

Quizplus · Accepted Answer

A brief carefully constructed statement that outlines the merits of a business opportunity is called an elevator speech. It is called an elevator speech because it should be able to be delivered in the time it takes to ride an elevator (usually around 30 seconds to 1 minute). It is used to quickly and succinctly pitch an idea or opportunity to a potential investor or partner.

A Brief Carefully Constructed Statement That Outlines the Merits of a Business