Business Model (IB20202)

Match the following definition or description its correct term.

"all the expenses involved in operating the business. These can include both fixed expenses (e.g., rent) and variable expenses (e.g., ingredients)."

• Key Activities

• Customer Segments

• Cost Structure

• Revenue Streams

Match the following definition or description its correct term.

"the distinct groups of people or organizations that a business serves. These groups can vary based on demographics, needs, or preferences."

• Key Partnerships

• Customer Segments

• Channels

• Revenue Streams

Match the following definition or description its correct term.

"the critical tasks and processes the business must perform to function successfully and deliver its value proposition."

• Channels

• Key Activities

• Customer Segments

• Value Propositions

Match the following definition or description its correct term.

"the income generated by the business from its various customer segments. It’s how the business earns money in exchange for delivering value."

• Key Activities

• Customer Segments

• Cost Structure

• Revenue Streams

Match the following definition or description its correct term.

"the external entities or organizations that a business collaborates with to create value, optimize operations, or mitigate risks."

• Key Partnerships

• Key Activities

• Key Resources

• Value Propositions

Match the following definition or description its correct term.

"the unique combination of products and services that the business offers to solve customer problems or meet their needs. It’s what sets the business apart from competitors."

• Key Resources

• Customer Segments

• Revenue Streams

• Value Propositions

Match the following definition or description its correct term.

"how a business interacts with its customers to maintain loyalty and satisfaction. It can range from personal interaction to automated services."

• Key Activities

• Customer Relationships

• Channels

• Cost Structure

Match the following definition or description its correct term.

"the assets required to operate the business and deliver value. These can be physical, intellectual, human, or financial resources."

• Key Resources

• Cost Structure

• Revenue Streams

• Value Propositions

Match the following definition or description its correct term.

"a visual tool providing a structured and standardized way to describe a business model on a single page, making it easier to understand and work with."

• Key Activities

• a business model

• Cost Structure

• business model canvas

Match the following definition or description its correct term.

"the methods or pathways used to deliver the value proposition to customers. They include both communication and distribution means."

• Key Activities

• Customer Relationships

• Channels

• Cost Structure