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Business Model Canvas Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the Business Model Canvas (BMC) used for?

a)

A method of analyzing, designing, strategizing, and testing a business model based on nine business areas

b)

A tool for personal development

c)

A method of analyzing stock market trends

d)

A canvas for painting

2.

How many areas or elements are included in a Business Model Canvas?

a)

11

b)

9

c)

7

d)

5

3.

What is the importance of understanding business with the Business Model Canvas?

a)

Identifying problems that can be addressed by your product

b)

Learning a new language

c)

Analyzing weather patterns

d)

Studying historical events

4.

What are Key Partners in a business model?

a)

Government agencies

b)

Suppliers and partners that make the business model work

c)

Customers

d)

Direct competitors

5.

What are Key Activities in a business model?

a)

Cooking, receiving orders, cleaning, marketing, preparing ingredients

b)

Web design, marketing, coding website

c)

Packaging, branding, marketing, R&D, designing

d)

Networking, socializing, attending events

6.

What are Key Resources in a business model?

a)

Books, computers, furniture

b)

Food, water, air

c)

Capital, human talent, distribution

d)

Money, cars, houses

7.

What is the Revenue Streams in a business model?

a)

The flow of water in a river

b)

The movement of clouds in the sky

c)

The cash a company generates from each customer/product segment

d)

The sound of music in a concert

8.

What is the objective of Marketing Channels in a business model?

a)

To hide the products from customers

b)

To create confusion among customers

c)

To increase the cost of products

d)

To deliver the products or services to the end users or customers

9.

What are the types of relationships a company establishes with specific customer segments in Customer Relationships?

a)

Connection with the customers

b)

Business relationships

c)

Friendly relationships

d)

Professional relationships

10.

What is the Firm's Value Propositions in a business model?

a)

The smell of the products

b)

The price of the products

c)

The features of the products

d)

The color of the products