entrep
Authored by Treacia Vinarao
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2nd Grade
Used 1+ times
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17 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
It is a strategic management tool that lets you visualize and assess your business idea and concept.
Business Model
Business Model Canvas
Business Model Generation
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
It is simply a plan describing how a business intends to make money.
Business Model
Business Model Canvas
Business Model Generation
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
It explains who your customer base is and how you deliver value to them and the related details of financing.
Business Model
Business Model Canvas
Business Model Generation
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A one-page document containing nine boxes that represent different fundamental elements of a business.
Business Model
Business Model Canvas
Business Model Generation
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
It serves as a visual framework for planning, developing and testing the business model(s) of an organization.
Business Model
Business Model Canvas
Business Model Generation
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is not a component of the Business Model Canvas?
Key Partners
Key Activities
Key Instruments
Key Resources
Cost Structure
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is not correct about Business Model Canvas?
The BMC provides a quick overview of the business model.
The BMC is devoid of unnecessary details compared to the traditional business plan.
The BMC clarifies how institutions are related to each other.
The BMC can be used by large corporations as well as start-ups with just a few employees.
Answer explanation
The BMC clarifies how different aspects of the business are related to each other.
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