Understanding the Business Model Canvas

Understanding the Business Model Canvas

Professional Development

12 Qs

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Understanding the Business Model Canvas

Understanding the Business Model Canvas

Assessment

Quiz

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Professional Development

Practice Problem

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Created by

Isabelle Kristine

Used 1+ times

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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of the Business Model Canvas?

To create a detailed business plan

To visualize, design, and innovate business models

To find investors for your startup

To manage the company's finances

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the creator of the Business Model Canvas?

Steve Blank

Eric Ries

Alexander Osterwalder

Peter Thiel

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the key difference between the Business Model Canvas and the Lean Canvas?

The BMC is for startups, while the Lean Canvas is for established businesses

The BMC is for well-established businesses, while the Lean Canvas is for startups

The BMC is focused on finances, while the Lean Canvas is focused on marketing

The BMC is for product development, while the Lean Canvas is for customer service

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following sections is NOT part of the Business Model Canvas?


Customer Segments

Key Partners

Revenue Streams

Marketing Strategy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the example of Uber, which customer segments were identified?

 Drivers and Passengers

Business Owners and Employees

Suppliers and Distributors

Investors and Managers

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is included in the Value Proposition section of the Business Model Canvas?

The channels through which you reach customers

The problems or needs your product solves for your customer segments

The key partners involved in your business

The revenue streams generated by your business

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

 What is an example of a channel that Uber uses to reach its customers?

Traditional TV ads

Web and mobile app

Direct mail

In-person sales teams

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