Business Model Canvas

In this kind of customer relationship, the company tries to provide all the tools a customer needs, so that they can service themselves, without human assistance.

• Co creation
• Self-service
• Community
• Personal

Cable TV companies charge a fee to its users based on the time for which they will pay in advance. This is an example of:

• Subscription fee
• Licensing
• Advertising
• Mass market

The medium through which an organization provides its value proposition to its customer segment is known as:

• Customer relationships
• Channel
• Customer segments 
• Key resources

The unique value the product provides over its competitors and why a customer should pick one product over another is called:

• Revenue

• Customer service

• Value proposition

• Business model

This image:

• Refers to the customer relationships and distribution channels.
• Refers to the distribution channels and revenue streams.
• Refers to the customer relationships and revenue streams.
• Refers to none of the previous options.

The network of suppliers and partners who complement each other in helping the company create its value proposition are called:

• Customer segments
• Key resources
• Key partners
• None of the options

The Business Model Canvas allows for easy, visual representation for decision makers.

• True

• False

Every asset that allows an enterprise to create and offer a value proposition, reach markets, maintain relationships with customer segments and earn revenues is called:

• Key activities
• Key resources
• Key partners
• Key friends

Mass market, niche market, segmented, diversified and multi-sided markets are all examples of:

• Customer segments
• Value proposition
• Key resources
• Business model

What best describes a Business Model Canvas?

• One page plan outlining your new business idea

• A piece of art work

• A model of your business office