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WorksheetsUHAK1032-BMC
Total questions: 11
Worksheet time: 8mins
Name
Class
Date
1.
The unique value the product provides over its competitors and why a customer should pick one product over another, is called:
a)
Revenue
b)
Customer service
c)
Value proposition
d)
Business model
2.
The business model canvas allows for easy, visual representation for decision makers.
a)
True
b)
False
3.
These are the categories in which we can classify key partners:
a)
Strategic alliances, coopetition, joint-ventures and buyer-supplier relationships.
b)
Strategic alliances, coopetition, joint-ventures and human resources.
c)
Strategic alliances, coopetition, optimization and buyer-supplier relationships.
d)
None of the previous options.
4.
The medium through which an organization provides its value proposition to its customer segment is known as:
a)
Customer relationships
b)
Channel
c)
Customer segments
d)
Key resources
5.
Mass market, niche market, segmented, diversified and multi-sided markets are all examples of:
a)
Customer segments
b)
Value proposition
c)
Key resources
d)
Business model
6.
Customer segments refer to the target people and/or organizations you are offering value proposition
a)
true
b)
false
7.
Facebook marketplace is one of the example of chanelling a product online. Effective channels will distribute a company’s value proposition in ways that are fast, efficient and cost-effective. TRUE or FALSE
a)
true
b)
false
8.
KEY ACTIVITIES are activities that a company must do in order to make its business model work
a)
true
b)
false
9.
What is another word for costs?
a)
Revenue
b)
Budget
c)
Expences
d)
Modal
10.
Define the word "revenue"
a)
profit
b)
money coming in
c)
cost
d)
budget
11.
The money gained from the sales after expenses are paid is:
a)
profit
b)
cost
c)
expenses
d)
revenue
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