Review: Semester 1

Review: Semester 1

Assessment

Flashcard

Business

10th Grade

Practice Problem

Medium

Created by

Brandon Rose

Used 1+ times

FREE Resource

Student preview

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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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