Business Model Canvas Quiz

What does BMC stand for?

• Business Model Canvas

• Business Model Company

• Business Management Concept

• Business Model Chart

What is the main purpose of the Business Model Canvas?

• To sell products

• To create a business plan

• To define and communicate a business idea

• To manage employees

How many elements are there in the Business Model Canvas?

• 5

• 7

• 9

• 11

Which side of the BMC focuses on the customer?

• Left side

• Right side

• Top side

• Bottom side

What is the value proposition in BMC?

• The exchange of value between business and customer

• The cost of the product

• The location of the business

• The number of customers

What do 'Key Partners' refer to in BMC?

• Suppliers and partners

• Customers

• Competitors

• Employees

What do 'Customer Segments' represent?

• Different types of customers

• Different types of costs

• Different types of products

• Different types of employees

What is meant by 'Revenue Streams'?

• Ways to spend money

• Ways to generate income

• Ways to hire employees

• Ways to market products

Which element describes how a business will reach its customers?

• Cost Structure

• Key Resources

• Channels

• Key Activities

What does 'Cost Structure' refer to?

• The total income

• The expenses of the business

• The number of customers

• The types of products