Form 4 Biz Skill Pre Assessment

Fullname (as per MyKad)

What is your group and subgroup number? (Ex: G# SG#)

1. What is the main purpose of Business Model Canvas (BMC)

• A. to visualise all the building blocks of starting a business

• B. a graph that describes the journey of a user

• C. to help design a product or service.

• D. a tool to develop team roles and responsibilities

2. Which is a building block under BMC?

• A. Value Proposition

• B. Customer Journey

• C. Risk Analysis

• D. Stakeholder Management

3. What are revenue streams in the Business Model Canvas?

• A. assets needed to make a business model work.

• B. the earning that a business makes

• C. important tasks a company must carry out

• D. fixed and variable costs that a business incurs

4. Why is it important to segment your customers?

I. to precisely reach a target customer

II. to use their resources more effectively

III. to conduct risk analysis

IV. to carry out targeted marketing campaigns

• I and II

• I, II and III

• I, II and IV

• All of the above

5. How do businesses apply the BMC?

I. to provide clear business overview

II. to conduct financial planning and budget analysis

III. as a shared language across business units

IV. to conduct stakeholder analysis activities

• I and II

• I and III

• I, III and IV

• All of the above

What does BMC stand for?

• Business Management Canvas

• Business Model Canvas

• Business Management Concept

• Business Model Concept

How many building blocks are there on the BMC?

• 7

• 8

• 9

• 10

Which of these are not part of BMC?

• Customer Service

• Key resources

• Cost Structure

• Customer Relationship