PEN2303

What does the "Value Propositions" block represent in the BMC?

• The benefits the business delivers to customers

• The pricing strategy for the product or service

• The channels used to deliver products to customers.

• The resources needed to run the business.

Which of the following is an example of a Key Partner in the BMC?

• A marketing strategy

• A supplier providing raw materials

• A segment of customers

• A customer feedback loop

In the BMC, "Revenue Streams" refers to:

• The cost of acquiring new customers

• The methods a company uses to generate income

• The resources required to create value

• The partners involved in revenue sharing

Which BMC block focuses on how a company delivers its Value Proposition to customers?

• Channels

• Key Resources

• Customer Relationships

• Cost Structure

Which building block describes the specific groups of people a business aims to serve?

• Key Resources

• Customer Segments

• Channels

• Revenue Streams

Which block outlines how a business makes money?

• Value Propositions

• Cost Structure

• Revenue Streams

• Channels

The "Channels" block focuses on

• The ways a company delivers its Value Proposition to its customers

• The partnerships required to distribute products

• The pricing models used in the business

• The methods used to recruit employees

Which block describes the way a company interacts with its customers?

• Customer Segments

• Channels

• Customer Relationships

• Key Activities

Which of the following is NOT a building block of the BMC?

• Key Activities

• Marketing Strategies

• Revenue Streams

• Cost Structure

What is the primary purpose of the Business Model Canvas?

• To create a detailed financial plan

• To map out and visualize a business model

• To develop marketing strategies

• To track sales performance