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Form 4 Biz Skill Pre Assessment

Total questions: 12

Worksheet time: 6mins

Name
Class
Date
1.

Fullname (as per MyKad)

4 lines
2.

What is your group and subgroup number? (Ex: G# SG#)

4 lines
3.

1. What is the main purpose of Business Model Canvas (BMC)

a)

A. to visualise all the building blocks of starting a business

b)

B. a graph that describes the journey of a user

c)

C. to help design a product or service.

d)

D. a tool to develop team roles and responsibilities

4.

2. Which is a building block under BMC?

a)

A. Value Proposition

b)

B. Customer Journey

c)

C. Risk Analysis

d)

D. Stakeholder Management

5.

3. What are revenue streams in the Business Model Canvas?

a)

A. assets needed to make a business model work.

b)

B. the earning that a business makes

c)

C. important tasks a company must carry out

d)

D. fixed and variable costs that a business incurs

6.

4. Why is it important to segment your customers?


I. to precisely reach a target customer

II. to use their resources more effectively

III. to conduct risk analysis

IV. to carry out targeted marketing campaigns

a)

I and II

b)

I, II and III

c)

I, II and IV

d)

All of the above

7.

5. How do businesses apply the BMC?


I. to provide clear business overview

II. to conduct financial planning and budget analysis

III. as a shared language across business units

IV. to conduct stakeholder analysis activities

a)

I and II

b)

I and III

c)

I, III and IV

d)

All of the above

8.

What does BMC stand for?

a)

Business Management Canvas

b)

Business Model Canvas

c)

Business Management Concept

d)

Business Model Concept

9.

How many building blocks are there on the BMC?

a)

7

b)

8

c)

9

d)

10

10.

Which of these are not part of BMC?

a)

Customer Service

b)

Key resources

c)

Cost Structure

d)

Customer Relationship

11.

What is the fourth block that you present on the BMC?

a)

Customer Segment

b)

Revenue Streams

c)

Value Proposition

d)

Customer Relationships

12.

Which statement is true?

a)

Key resources : amount of money needed to build the business

b)

Customer segment : target market for the business

c)

Customer relationship : different partners for the business

d)

profit structure : amount of money obtained by the business