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Business Model Canvas Review

Total questions: 19

Worksheet time: 13mins

Name
Class
Date
1.

Customer Segments (Segmentos de clientes) describe...

a)

The customers we create value for

b)

How we reach our customers

c)

What type of relationships we have with customers

d)

What we do as a business

2.

The bundle of products and services that create value for a customer (what you offer)!

a)

Channels

b)

Value Proposition

c)

Key Resources

d)

Customer Segments

3.

An effective value proposition relieves pains and generates __________.

a)

Trouble

b)

Distractions

c)

Gains

4.

"El Popocatepetl provides customers ready made tortillas, chips, and masa at accessible prices" is an example of the company's

a)

Key Resources

b)

Customer Segments

c)

Value Proposition

d)

Channels

5.

The "heart" of any business is the

a)

Cost Structure

b)

Value Proposition

c)

Channels

d)

Key Partners

6.

We own a barber shop. Each haircut we provide is an example of a

a)

Key resource

b)

Key activity

c)

Channel

d)

Value proposition

7.

Businesses rely on different key resources, including: physical, human, financial, and

a)

Intangible

b)

Imaginary

c)

Invented

d)

inconditional

8.

Draw an example of a physical resource (hint. this is something you can touch that our business needs to engage in its key activities)

9.

Our business needs $50,000 to purchase the key equipment needed to operate. This investment is an example of a

a)

Physical resource

b)

Intangible Resource

c)

Financial Resource

d)

Human Resource

10.

What do you think makes a strong partner (in a business setting)?

4 lines
11.

We own a restaurant and are looking for key partners to help us source our materials. A key partner may help us source (may be more than one correct answer):

a)

Ingredients

b)

Talent (employees)

c)

Equipment

d)

All of the above

12.

Draw the logo for the channel you think is most effective in reaching teenagers

13.

Effective Ads...

a)

Use the right channel

b)

Are memorable

c)

Are shareworthy

d)

Are easily forgotten

14.

You created an application priced at $5.00. You sell 1,500 applications during the month of January. What were your monthly sales?

(a)  

15.

Of your $7,500 in January sales (made from selling 1,500 apps), you have fixed costs of $1,000 (rent) and variable costs of $2.00/application. What were your total costs for the month of January?

(a)  

16.

With sales of $7,500 and costs of $4,000, what was your profit for the month of January?

(a)  

17.

Name that cost:

Ingredients

a)

Fixed

b)

Variable

18.

Name that cost:

Monthly Rent

a)

Fixed

b)

Variable

19.

A grocery store, such as Pete's, has a relationship with its customers that can be best described as:

a)

Long-term

b)

Transactional

c)

Co-creation