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ME11 Lean 2.05 Quizizz

Total questions: 18

Worksheet time: 13mins

Name
Class
Date
1.

Which is a primary sours of market research data?

a)

Social Media Reviews

b)

Business Magazines and Reports

c)

Interviews/Surveys

d)

Trade Groups and Journals

2.

What best describes a Lean Business Canvas Model?

a)

One page plan outlining your new business idea

b)

A piece of art work

c)

A model of your business office

3.

What are key metrics?

a)

A measuring tape

b)

Numbers

c)

Goals that determine the success of your business

4.

What is another word for costs?

a)

Revenue

b)

Expenses

c)

Budget

5.

What are the "channels" in a lean business canvas model?

a)

Where you sell your products/services

b)

Who your customers are

c)

Your goals as a business

6.

What does "Unique Value Proposition" mean?

a)

Describes your product

b)

What you are proposing to customers

c)

The benefit or value your product/service provides

7.

Define the word "revenue"

a)

Costs

b)

Money coming in

c)

Profit

8.

Posters, social media, commercials are all examples of:

a)

Customer Relationships

b)

Revenue Streams

c)

Key Metrics

d)

Unique Value Proposition

9.

The money gained from the sales after expenses are paid is:

a)

Profit

b)

Expenses

c)

Costs

d)

Revenue

10.

The list of questions that you created to ask future customers for replies and analyzed for usable information is known as:

a)

Questionnaire

b)

Survey

c)

Customer Feedback Survey

11.

A short compelling presentation that provides an overview of the business with the goal of getting financial support from the audience is a:

a)

Presentation

b)

Pitch

c)

Show

12.

The person who provides money to start-up the business with the expectation of a future financial return is known as a(n):

a)

Investor

b)

Rich person

c)

Bank

d)

Loan

13.

Students have a hard time focusing on their school work because of classroom distractions is an example of what section of the BMC?

a)

Customer Solution

b)

Key Metrics

c)

Customer Problem

d)

Customer Segment

14.

"The product will be sold for $10" goes in what section of the BMC?

a)

Key Metrics

b)

Revenue Streams

c)

Cost Structure

d)

Unique Value Proposition

15.

Teenagers ages 16-18 and teachers is an example of what section of the BMC?

a)

Channels

b)

Customer Problem

c)

Customer Solution

d)

Customer Segment

16.

This product is compact and an all in one that is easy to use; this is an example of what section of the BMC?

a)

Unique Value Proposition

b)

Channels

c)

Customer Problem

d)

Customer Segment

17.

This product solves the problem of headphones tangling while they are being stored in your pocket or book bag; this is an example of what section of the BMC?

a)

Customer Problem

b)

Unique Value Proposition

c)

Customer Solution

d)

Costs

18.

We plan to sell 100% of our products, which is 20 products. This is an example of what section of the LBMC?

a)

Costs

b)

Key Metrics

c)

Revenue Streams

d)

Unique Value Proposition