Entrep Review for Midterm

Entrep Review for Midterm

University

20 Qs

quiz-placeholder

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Entrep Review for Midterm

Entrep Review for Midterm

Assessment

Quiz

Other

University

Easy

Created by

luvie gahi

Used 4+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The "Key Partners" section on the Business Model Canvas primarily focuses on:

Competitors

Suppliers and collaborators

Customers

Investors

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Coopetition" is a term used to describe the situation where competitors cooperate to:

Eliminate each other

Gain a competitive advantage

Jointly manage and mitigate risks in partnerships

Avoid partnerships

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Within the context of Key Activities, "Marketing" encompasses actions related to:

Product development

Cost management

The promotion of products and the creation of brand awareness

Financial analysis

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Physical assets like machinery and real estate fall under the "Physical resources" category within: a)b) K c) Key Resources d) Customer Relationships

Key Partners

Key Activities

Key Resources

Customer Relationships

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Customer value proposition" refers to:

The most critical element needed for a business to function effectively

The cost structure of a business

The revenue streams of a business

The key partners in a business

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many segments or building blocks are there in the Business Model Canvas?

7

9

12

15

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the context of Key Activities, what does "Marketing" involve?

Developing products and services

Selling products and services

Creating customer relationships

Promoting products and creating awareness

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