Business Model Quiz (Recorded)

Business Model Quiz (Recorded)

University

20 Qs

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Business Model Quiz (Recorded)

Business Model Quiz (Recorded)

Assessment

Quiz

Other

University

Practice Problem

Medium

Created by

Gerwynne Gascon

Used 10+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a business model?

A formal document with financial projections

A list of daily business tasks

A framework showing how a company creates, delivers, and captures value

A list of investors and stakeholders

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT part of the four core parts of a business model?

Customers

Offering

Product quality

Financial viability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the customer value proposition?

To calculate profit margins

To identify competitors

To explain how your product helps customers do something more effectively or easily

To promote employee retention

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which part of the business model includes people, technology, and partners?

Customers

Offering

Infrastructure

Financial Viability

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What distinguishes a business model from a business plan?

Business plan has more graphics

Business model is more detailed

Business plan supports the business model with steps and financial data

Business model supports legal documentation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What business model is used by Netflix and HelloFresh?

Freemium Model

Bundling Model

Subscription Model

Retailer Model

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business model involves giving away a product for free but charging for premium features?

Razor blades model

Freemium model

Franchise model

Crowdsourcing model

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