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WorksheetsBusiness Modeling
Total questions: 87
Worksheet time: 3600secs
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?
customer relationship
customer segment
channels
revenue
The online marketplace website goes in what section of the Business Model Canvas?
customer relationship
customer segment
channels
revenue
What are the most important actions of company must perform to operate successfully?
key activities
key partners
key resources
key chain
What is another word for costs?
expenses
revenue
salary
savings
What do you call a one page plan outlining your new business idea?
business model canvas
Business Modal Canva
Business Management Collection
Business Management Canvas
What does "Unique Value Proposition" mean?
Product description
Proposal given to the customer
The benefit or the added value for a product
Product market place
The money gained from the sales after expenses are paid is:
profit
expenses
cost
capital
The network of suppliers and partners who complement each other in helping the company create its value proposition are called:
customer segments
key resources
key partners
channel
Where in the BMC would you list your fixed and variable costs?
Cost Structure
revenue stream
key partners
key activities
What is the meaning of value proposition in Business Model Canvas (BMC)?
Value that meet the customer satisfaction
Service after sales
The way how to interact with the customer
Generate revenue from each customer
What are the "channels" in a business model canvas?
Who your customers are?
Where you sell your products/services?
How you want to sell your product?
What is the best offer given?
The online marketplace website goes in what section of the Business Model Canvas (BMC)?
Customer Relationship
Channels
Customer Segment
Revenue Streams
"The product will be sold for RM50 goes in what section of the Business Model Canvas (BMC)?
Cost structure
Key Activities
Revenue streams
Unique value proposition
These are all types of 'revenue streams', EXCEPT:
Asset sales
Renting
Value
Utilities fee
The network of suppliers and partners who complement each other in helping the company create its value proposition are called:
Customer segments
Key partners
Key resources
Channel
What part of the Business Model Canvas (BMC) where customers are divided into groups based on common characteristics, so companies can market to each group effectively and appropriately?
Customer Relationship
Customer Segment
Channels
Revenue
What are the most important actions of company must perform to operate successfully?
Key Activities
Key Partners
Key Resources
Key Workers
What do you call as one page proper plan outlining your new business idea?
Business Model Canvas
Business Plan Model
Business Management Collection
Business Management Canvas
The network of suppliers and partners who complement each other in helping the company create its value proposition are called:
Customer Segments
Key Resources
Key Partners
Channel
Whic segment in Business Model Canvas (BMC) would you list your fixed and variable costs?
Cost Structure
Revenue Stream
Key Partners
Key Activities
Free Voucher, Feedback and Self-Service are examples of:
Customer Relationships
Revenue Streams
Key Activities
Unique Value Proposition
What does BMC do?
BMC is a tool for beginners
BMC is used to build a business map
BMC helps us to build a strategic management and lean startup template for developing new or documenting existing business models
BMC is needed before start a business
Customer segments refer to the target people and/or organizations you are offering value proposition
true
false
Value proposition is provided through various elements such as newness, performance, customization, reliability in ‘getting the job done’, design, brand, price, cost reduction, risk reduction, accessibility, and convenience.
true
false
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
true
false
KEY ACTIVITIES are activities that a company must do in order to make its business model work
true
false
COST STRUCTURE represent the cash a company generates from each customer/product segment.
true
false
What are the "channels" in a business model canvas?
Who your customers are
Where you sell your products/services
How you want to sell your product
What is the best offer given
Define the word "revenue"
profit
money coming in
cost
budget
The money spent on the materials to make your products are known as:
profit
expences
cash
budget
The money gained from the sales after expenses are paid is:
profit
cost
expenses
revenue
The online marketplace website goes in what section of the Business Model Canvas?
customer relationship
channels
customer segment
revenue
"The product will be sold for $10" goes in what section of the BMC?
channel
customer segment
revenue streams
unique value proposition
Teenagers ages 16-18 and teachers is an example of what section of the BMC?
channels
customer solution
customer segment
customer problems
This product is compact and an all in one that is easy to use; this is an example of what section of the BMC?
unique value proposition
customer segment
customer problems
customer relationship
The network of suppliers and partners who complement each other in helping the company create its value proposition are called:
customer segments
key partners
key resources
channel
What best describes a Business Model Canvas?
One page plan outlining your new business idea
A piece of art work
A model of your business office
What are key metrics?
A measuring tape
Numbers
Goals that determine the success of your business
What are the "channels" in a business model canvas?
Where you sell your products/services
Who your customers are
Your goals as a business
Posters, social media, commercials are all examples of:
Customer Relationships
Revenue Streams
Key Metrics
Unique Value Proposition
The money spent on the materials to make your products are known as:
Profit
Expenses
Budget
The money gained from the sales after expenses are paid is:
Profit
Expenses
Costs
Revenue
The list of questions that you created to ask future customers for replies and analyzed for usable information is known as:
Questionnaire
Survey
Customer Feedback Survey
A model, simulation, or sample of an idea is a:
Creation
Example
Prototype
The person who provides money to start-up the business with the expectation of a future financial return is known as a(n):
Investor
Rich person
Bank
Loan
The online marketplace website goes in what section of the Business Model Canvas?
Customer Relationships
Channels
Revenue
Customer Segments
Students have a hard time focusing on their school work because of classroom distractions is an example of what section of the BMC?
Customer Solution
Key Metrics
Customer Problem
Customer Segment
This product is compact and an all in one that is easy to use; this is an example of what section of the BMC?
Unique Value Proposition
Channels
Customer Problem
Customer Segment
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?
Customer Problem
Unique Value Proposition
Customer Solution
Costs
We plan to sell 100% of our products, which is 20 products. This is an example of what section of the BMC?
Costs
Key Metrics
Revenue Streams
What best describes Value Proposition?
Knowing who your customers are!
Identifying people who can help our business!
What we sell!
Being able to describe why someone would buy your product!
An example of 2 types of customer segments would be: (2 right answers)
Age of customers
Height
Where customers live
What time customers wake up
Mo's Bows identifies their customers as: Male, Age 20-45, middle to upper-class, living in urban areas. This is an example of?
Customer Segmentation
Revenue Stream
Key Activities
Not legal!
KEY ACTIVITIES are activities that a company must do in order to make its business model work
True
False
Money you spend to make and sell your products:
Revenue
Expenses
Budget
Sales
Money coming in from sales is known as:
Cash
Expenses
Revenue
Net
Kwik Trip decided to sell ice cream shakes at their store, this is an example of increasing their:
Resources
Channels
Key Partners
Revenue Stream
Stores offering rewards cards is an example of:
Key Partners
Customer Relationships
Revenue Streams
Value Proposition
After selling my product online, I was also able to get Target to sell it. I just increased my:
Segments
Resources
Value Proposition
Channels
Cash, Materials, Parents are all examples of:
Key Partners
Revenue
Key Resources
Segments
BMC divided into 3 main areas
True
False
Efficiency block represent 5 block on the right side of the BMC
True
False
Communications and delivering represent
customer segment
customer relationship
channel
Online form is one of the example for which block?
Revenue stream
Customer relationship
Channel
Key resources represent all of the below EXCEPT
Physical
Human
Intellectual
Liability
When a company focusing only one segment, it is using what types of segment?
Niche market
Segmented
Mass market
Multi-sided market
Physical store like AEON is one example for
Customer segment
Channel
Value proposition
When a company offering product of services based on previous purchased history, it is referring ___________ block
Channel
Customer relationship
Customer segment
Efficiency area represent ALL of below EXCEPT
Customer segment
Channel
Key activities
Outsourcing of one of key activities is represent ____________ block
Key activities
Key Partner
Key resources
What is BMC?
Business Modal Canva
Business Management Collection
Business Model Canvas
Business Management Canvas
What is the meaning of VALUE PROPOSITION in BMC?
value that meet the customer satisfaction
servis after sales
the way we interact with the customer
generate revenue from each customer
Customer segments refer to the target people and/or organizations you are offering value proposition
true
false
Value proposition is provided through various elements such as newness, performance, customization, reliability in ‘getting the job done’, design, brand, price, cost reduction, risk reduction, accessibility, and convenience.
true
false
COST STRUCTURE represent the cash a company generates from each customer/product segment.
true
false
What are the "channels" in a business model canvas?
Who your customers are
Where you sell your products/services
How you want to sell your product
What is the best offer given
What does "Unique Value Proposition" mean?
Product description
The benefit or the added value for a product
Proposal given to the customer
Product market place
Teenagers ages 16-18 and teachers is an example of what section of the BMC?
channels
customer solution
customer segment
customer problems
