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Business Model Canvas_VIVES 2022

Total questions: 25

Worksheet time: 8mins

Name
Class
Date
1.

What is BMC?

a)

Business Management Collection

b)

Business Management Collection

c)

Business Model Canvas

d)

Business Modal Canva

2.

What is the meaning of VALUE PROPOSITION in BMC?

a)

value that meet the customer satisfaction

b)

generate revenue from each customer

c)

service after sales

d)

the way we interact with the customer

3.

What does BMC do?

a)

BMC is a tool for beginners

b)

BMC is used to build a business map

c)

BMC is needed before start a business

d)

BMC helps us to build a strategic management and lean

startup template for developing new or documenting

existing business models

4.

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

a)

What is the best offer given

b)

How you want to sell your product

c)

Where you sell your products/services

d)

Who your customers are

5.

What is another word for costs?

a)

Revenue

b)

Modal

c)

Expenses

d)

Budget

6.

What does "Unique Value Proposition" mean?

a)

The benefit or the added value for a product

b)

Product market place

c)

Product description

d)

Proposal given to the customer

7.

Define the word "revenue"

a)

profit

b)

budget

c)

cost

d)

earnings

8.

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

a)

revenue

b)

cash

c)

budget

d)

profit

9.

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

a)

revenue

b)

customer relationship

c)

channels

d)

customer segment

10.

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

a)

revenue streams

b)

unique value proposition

c)

channel

d)

customer segment

11.

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

a)

channels

b)

customer segment

c)

customer problems

d)

customer solution

12.

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)

customer segment

b)

customer relationship

c)

resources

d)

unique value proposition

13.

These are all types of revenue streams, EXCEPT:

a)

usage fee

b)

value

c)

asset sales

d)

renting

14.

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

a)

key partners

b)

key resources

c)

channel

d)

customer segments

15.

Mass market, niche market, segmented, diversified and multi-sided markets are all examples of:

a)

value propositions

b)

key resources

c)

customer segment

d)

business model

16.

Every asset that allows an enterprise to create and offer a value proposition, reach markets, maintain relationships with customer segments and earn revenues is called:

a)

Key activities

b)

Key resources

c)

Key friends

d)

Key partners

17.

Posters, social media, commercials are all examples of:

a)

Customer Relationships

b)

Key Metrics

c)

Revenue Streams

d)

Unique Value Proposition

18.

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)

Customer Problem

c)

Key Metrics

d)

Customer Segment

19.

 

Customer segments refer to the target people and/or organizations you are offering value proposition

a)

True

b)

False

20.

 

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.

a)

True

b)

False

21.

KEY ACTIVITIES are activities that a company must do in order to make its business model work

a)

True

b)

False

22.

Customer segments refer to the target people and/or organizations you are offering value proposition

a)

True

b)

False

23.

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)

Bank

c)

Rich person

d)

Loan

24.

The quality of discussion and business strategies development for a business model canvas do not depend on the quality of input from participants.

a)

True

b)

False

25.

This image:

a)

Refers to the customer relationships and revenue streams.

b)

Refers to the customer relationships and distribution channels

c)

Refers to the distribution channels and revenue streams.

d)

Refers to none of the previous options.