Kevin explains that his new technology will provide a service that will take care of grease produced by fast-food kitchens.The technology is patented and will reduce the cost of grease elimination by 25% while contributing to a safer environment.There are no competing products.Investors will get 20% of the annual profits, projected to be $1.5 million in the first year.This is an example of:
A)the financial forecast
B)a product description
C)a value proposition
D)the pitch deck

Question

Quizplus · Accepted Answer

This is a value proposition, as it clearly states the benefits of the technology, including cost reduction and environmental safety. It also highlights the unique selling point - that there are no competing products.

Kevin Explains That His New Technology Will Provide a Service