Business Model Canvas
Flashcard
•
9th Grade - University
•
Practice Problem
•
Hard
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20 questions
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1.
FLASHCARD QUESTION
Front
What is BMC?
Back
Business Model Canvas
2.
FLASHCARD QUESTION
Front
What is the meaning of VALUE PROPOSITION in BMC?
Back
value that meet the customer satisfaction
3.
FLASHCARD QUESTION
Front
What does BMC do?
Back
BMC helps us to build a strategic management and lean startup template for developing new or documenting existing business models.
4.
FLASHCARD QUESTION
Front
Customer segments refer to the target people and/or organizations you are offering value proposition
Back
true
5.
FLASHCARD QUESTION
Front
Value proposition is provided through various elements such as newness, performance, customization, reliability in ‘getting the job done’, design, brand, price, cost reduction, risk reduction, accessibility, and convenience. True or False?
Back
true
6.
FLASHCARD QUESTION
Front
Facebook marketplace is one of the example of chanelling a product online. Effective channels will distribute a company’s value proposition in ways that are fast, efficient and cost-effective. TRUE or FALSE
Back
true
7.
FLASHCARD QUESTION
Front
KEY ACTIVITIES are activities that a company must do in order to make its business model work. True or False?
Back
True
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