Business Models and Analysis Techniques Quiz

Which of the following is NOT one of Porter’s Five Forces?

• Threat of new entrants

• Bargaining power of suppliers

• Bargaining power of customers

• Product life cycle

Which 'C' in the 5Cs analysis helps you understand the strengths and weaknesses of other businesses in the same market?

• Company

• Competitors

• Collaborators

• Customers

Emily and Oscar want to introduce their company’s existing products to a new market. According to the Ansoff Matrix, which growth strategy is this?

• Market penetration

• Market development

• Product development

• Diversification

Which Boston Matrix category describes products with a high market share in a low-growth market?

• Stars

• Question marks

• Cash cows

• Dogs

Which of the following is NOT a component of the Business Model Canvas?

• Key activities

• Revenue streams

• Market share

• Customer segments

What does SWOT stand for?

• Strengths, Weaknesses, Opportunities, Threats

• Sales, Wages, Operations, Targets

• Strategy, Work, Organisation, Tactics

• Systems, Workforce, Output, Technology

Which of the following is a measure of central tendency?

• Standard deviation

• Mean

• Range

• Variance

Which of Porter’s Five Forces considers how alternative products or services can affect a business?

• Threat of substitutes

• Bargaining power of buyers

• Threat of new entrants

• Rivalry among existing competitors

In the Boston Matrix, what does a 'Star' represent?

• High market share, high market growth

• Low market share, high market growth

• High market share, low market growth

• Low market share, low market growth

Which statistical measure shows how much scores spread out around the mean?

• Mode

• Median

• Standard deviation

• Mean