ETE3 Business Validation

ETE3 Business Validation

11th Grade

15 Qs

quiz-placeholder

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ETE3 Business Validation

ETE3 Business Validation

Assessment

Quiz

Business

11th Grade

Hard

Created by

Ganesan KS

Used 5+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Alexander Osterwalder's Business Canvas Model covers ______ key elements.

7

9

11

12

Answer explanation

Media Image

The nine building blocks of the business model design template known as Business Model Canvas was initilly proposed by Alexander Osterwalder in 2005, based on his PhD work.

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The 4 Ps in a marketing mix are: Product, Price, Promotion and ________

People

Process

Place

Position

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Product validation can be done in a number of ways except _______

e-surveys

group interviews

individual interviews

google search

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A company can make money in different ways but not through

online sales

retail sales

franchises

grants

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

To give a very short description of your startup with conviction and enthusiasm is called _____

Survey Monkey

Elevator pitch

Shark Tank

Survata

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

This is a _______

E survey template

Simulated Company Model

Business Plan

Business Model Canvas

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company selects 30 customers to test their response to a new product. They place their new product with competitors' products and invite the customers to select what they like. This is called ______

simulated test marketing

sales wave research

controlled test marketing

product identification test

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