Business Modeling

What part of the business model where customers are divided into groups based on common characteristics so companies can market to each group effectively and appropriately?

• customer relationship

• customer segment

• channels

• revenue

The online marketplace website goes in what section of the Business Model Canvas?

• customer relationship

• customer segment

• channels

• revenue

What are the most important actions of company must perform to operate successfully? 

• key activities

• key partners

• key resources

• key chain

What is another word for costs?

• expenses

• revenue

• salary

• savings

What do you call a one page plan outlining your new business idea?

• business model canvas

• Business Modal Canva

• Business Management Collection

• Business Management Canvas

What does "Unique Value Proposition" mean?

• Product description

• Proposal given to the customer

• The benefit or the added value for a product

• Product market place

The money gained from the sales after expenses are paid is:

• profit

• expenses

• cost

• capital

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

• channel

Where in the BMC would you list your fixed and variable costs?

• Cost Structure

• revenue stream

• key partners

• key activities

What is the meaning of value proposition in Business Model Canvas (BMC)?

• Value that meet the customer satisfaction

• Service after sales

• The way how to interact with the customer

• Generate revenue from each customer