Entrepreneurial Skills, Module-2 - Practice Mode

1) When presenting your business plan, what should you do to engage and connect with the audience?

Practice until you can confidently present your plan Repeat yourself multiple times Share a story or an experience that shaped your idea Avoid eye contact with the audience

Correct Answer: Share a story or an experience that shaped your idea

2) When presenting your business plan to a potential investor, you should be clear about____________

Initial investment required and breakdown of the costs Expected customer count Potential earnings All of these

Correct Answer: All of these

3) When presenting your business plan, what can you do to help audience understand and believe in your product/service?

Repeat yourself multiple times Give demo of the product/ service Share overall business costs Tell a joke

Correct Answer: Give demo of the product/ service

4) Imagine you?re presenting your business plan to potential investors. Why is it important to actively listen to their questions and provide thoughtful answers?

To show off your expertise To avoid eye contact To understand the concerns of the investors and build their confidence in your plan None of these

Correct Answer: To understand the concerns of the investors and build their confidence in your plan

5) Maya needs funding for her small business. What can she do to find a suitable investor?

Send her business plan to every investor she finds online. Attend networking events to meet suitable investors. Send her business plan to her friends and ask them to send it to investors they may know. Wait for the suitable investor to find her

Correct Answer: Attend networking events to meet suitable investors.

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