Which of the following focus on customers?

Select all that apply.

Customer segments identify the most important potential consumers for our business.

Customer segments are synonymous with _____________.

Customer segments often involve which types of information or data?

Select all that apply.

Demographic data are the characteristics of a population with respect to age, race, and gender, education, geography, median income, etc.

Geographic segmentation focuses on the grouping of consumers on the basis of where they live, including regions, countries, climates, cities, etc.

Behavioral segmentation focuses on the lifestyle, values, and opinions of customer segments.

Psychographic segmentation focuses on how customers use a product and interact with a brand.

Which of the following are demographic categories?

Select ALL that apply.

Which of the following are geographic segmentation categories?

Select all that apply.

Which of the following are categories of behavioral segmentation?

Select all that apply.

A business can have multiple customer segments.

18-30 years olds that are focused on environmentally friendly products

Choose the BEST answer.

The value proposition describes why we are _____________ and ___________.

All of the following parts of the canvas focus how we deliver value to our customers.

Select all that apply.

Customer channels are focused on how we sale, market, and distribute our value proposition to our customer segments.

Which of the following are customer channels?

Select all that apply.

The key word for customer channels is _____________.

Which of the following are sales channels?

Select all that apply.

How many problems should we aim to find under the Customer Problems section?

Customer problems are those issues, obstacles, or customer pains that a customer segment is facing.

Existing alternatives is located in which section of our canvas.

Existing alternatives include which of the following? Select ALL that apply.

For Amazon, which of the following are competitors?

Select all that apply.

What is the primary customer segment for Walmart?

Which of the following companies started as an e-commerce company?

The key word associated with customer channels is ____________.

Which of the following companies are PRIMARILY brick and mortar?

Select all that apply.

Customer relationships focuses on which of the following?

Which of the following are categories of Customer Relationships. Select ALL that apply.

What is the key word we associate with customer relationships?

Which of the following are types of customer relationships?

Select all that apply.

A value proposition is a slogan or catchphrase.

Which of the following focus on delivering the value proposition and deal with company side of the canvas?

Revenue streams focus on how _______________.

Which of the following are potential revenue streams?

Select all that apply.

Freemium combines the word free and premium and entices customers with a trial period before charging a subscription fee.

Every company has the same revenue streams.

A company can have only one customer segment.

Key activities are synonymous with the key __________ a company must perform.

For traditional retailers or big box retailers, which of the following are key activities?

Select all that apply.

Key activities will be different depending on the company and the value proposition.

The key activities or key resources we lack are provided by our key partners.

Which of the following are types of key resources?

Check all that apply.

Which of the following are intellectual resources?

Select all that apply.

Patents, trademarks, and copyrights are all protections that prevent others from using intellectual resources without permission.

Which of the following our physical resources?

Select all that apply.

Key resources are the same as __________.

Which of the following are human resources that help deliver the value proposition?

Select all that apply.

Which of the following are financial resources?

Select all that apply.

Key partners are collaborators that provide the key resources the company lacks.

Key partners can help perform the activities or actions that company doesn't do well or cannot complete.

The Lean Canvas is more geared to analyze startups although it can be used to examine existing businesses.

Cost structure is focused on the expenses related to doing business.

Which of the following are types of costs?

Select all that apply.

The entire canvas is connected like a network of ideas.

The canvas is a document that cannot be altered.

The main advantage of using the canvas is that it is simple, visual, and fits on one page.

Which of the following are found on the Lean Model Canvas but not the business model canvas. Select ALL that apply.

Where does the value proposition appear on the business canvas.

Key metrics are key indicators of the success or failure of the business model.

Key metrics are synonymous with __________.

Which of the following would be key metrics for a retailer?

Select all that apply.

In school, the most important metric (also known as the North Star Metric) is _____________.

Early adopters are the first users of your product or service.

Niche markets are smaller markets with unique needs and preferences.

Which of the following could be a niche market? Choose all that apply.

Identifying our target audience is crucial to the success of the business.

Shark Tank investors often inquire about key metrics.

Which of the following are important key metrics for brick and mortar retailers?

Select all that apply.

Ecommerce and brick and mortar stores are both types of sales channels.

We use parts from both the Business Model Canvas and Lean Canvas to analyze businesses.

Key partners for retailers often include manufacturers, suppliers, and logistics companies.

Shark Tank focuses on established companies.