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BUSINESS MODEL CANVAS

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What part of the business model where customers are divided into groups based on common characteristics so companies can market to each group effectively and appropriately?

a)

customer relationship

b)

customer segment

c)

channels

d)

revenue

2.

The online marketplace website goes in what section of the Business Model Canvas?

a)

customer relationship

b)

customer segment

c)

channels

d)

revenue

3.

What are the most important actions of company must perform to operate successfully? 

a)

key activities

b)

key partners

c)

key resources

d)

key chain

4.

What is another word for costs?

a)

expenses

b)

revenue

c)

salary

d)

savings

5.

What do you call a one page plan outlining your new business idea?

a)

business model canvas

b)

Business Modal Canva

c)

Business Management Collection

d)

Business Management Canvas

6.

What does "Unique Value Proposition" mean?

a)

Product description

b)

Proposal given to the customer

c)

The benefit or the added value for a product

d)

Product market place

7.

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

a)

profit

b)

expenses

c)

cost

d)

capital

8.

The online marketplace website goes in what section of the Business Model Canvas?

a)

customer relationship

b)

customer segment

c)

channels

d)

revenue

9.

The network of suppliers and partners who complement each other in helping the company create its value proposition are called:

a)

customer segments

b)

key resources

c)

key partners

d)

channel

10.

Where in the BMC would you list your fixed and variable costs?

a)

Cost Structure

b)

revenue stream

c)

key partners

d)

key activities