Review: Semester 1
Flashcard
•
Business
•
10th Grade
•
Practice Problem
•
Medium
Brandon Rose
Used 1+ times
FREE Resource
Student preview
39 questions
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1.
FLASHCARD QUESTION
Front
What does BMC stand for?
Back
Business Model Canvas
2.
FLASHCARD QUESTION
Front
UNIQUE VALUE PROPOSITION in the BMC
Back
what makes us different, why do we deserve their attention
3.
FLASHCARD QUESTION
Front
CUSTOMER SEGMENT refers to the target people and/or organizations you are offering your unique value proposition
Back
true
4.
FLASHCARD QUESTION
Front
Your SOLUTION is your actual product/service.
Back
True
5.
FLASHCARD QUESTION
Front
What are the "CHANNELS" in a business model canvas?
Back
Where you sell your products/services
6.
FLASHCARD QUESTION
Front
Which of the following is NOT a goal of the solution interview?
- To test if customers are willing to pay for a solution
- To learn what customers are willing to pay for YOUR solution
- To test if your solution really does solve the customer’s problem
- To increase the production capacity
Back
To increase the production capacity
7.
FLASHCARD QUESTION
Front
What is the purpose of creating a demo of your product/service in the solution interview?
Back
To test customer reactions
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