
Business Model Canvas
Authored by Houda Bejaoui
Social Studies
Professional Development
Used 1+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
What are the nine building blocks of the Business Model Canvas?
Product, price, place, promotion, people, process, physical evidence, productivity, public relations
Key partners, key activities, key resources, value proposition, customer relationships, channels, customer segments, cost structure, and revenue streams
Marketing, sales, production, finance, HR, IT, legal, R&D, procurement
Suppliers, distributors, manufacturers, retailers, wholesalers, customers, investors, creditors, government
2.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
Explain the Customer Segments building block of the Business Model Canvas.
It is the identification of the specific customer groups that a business is targeting with its products or services.
It is the analysis of the competition in the market to determine the best pricing strategy.
It is the process of determining the best location for the business to operate.
It is the identification of the specific supplier groups that a business is targeting with its products or services.
3.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What is the purpose of the Value Proposition building block in the Business Model Canvas?
To define the products or services a company offers and the value they provide to customers.
To design the company logo and branding
To create a marketing plan for the company
To manage the financial resources of the company
4.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
Describe the Key Activities building block of the Business Model Canvas.
It describes the best vacation spots for employees
It describes the most important activities a company must perform in order to make its business model work.
It details the company's favorite foods
It outlines the company's favorite hobbies
5.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
How does the Revenue Streams building block contribute to the Business Model Canvas?
It focuses on the operational efficiency of the business
It determines the legal structure of the business
It identifies the different ways the business will generate income.
It helps in identifying the target market for the business
6.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
Explain the Key Partnerships building block of the Business Model Canvas.
Key Partnerships are the customers of the business
Key Partnerships are the employees of the company
Key Partnerships are the competitors in the industry
Key Partnerships are the network of suppliers and partners that make the business model work.
7.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What is the significance of the Cost Structure building block in the Business Model Canvas?
It helps in marketing the business model
It determines the location of the business
It outlines the target audience for the business model
It outlines the costs incurred to operate a business and helps in understanding the profitability of the business model.
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