Management Strategy Quiz: Business Model Canvas

9 Questions | Total Attempts: 1318

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Management Quizzes & Trivia

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Questions and Answers
  • 1. 
    Business Model is defined as the logic by which a company or enterprise sustains itself financially.
    • A. 

      True

    • B. 

      False

  • 2. 
    The Business Model Canvas consistes of __________ main elements (number)
  • 3. 
    Niche Market is an example of?
    • A. 

      Costumer Segments

    • B. 

      Costumer Relationships

    • C. 

      Value Proposition

    • D. 

      Revenue Streams

  • 4. 
    Partner Channel types lead to lower margins and at the same time obstacle their expansion
    • A. 

      True

    • B. 

      False

  • 5. 
    Mark all the options that apply to Value Proposition
    • A. 

      Performance

    • B. 

      Newness

    • C. 

      Accessibility

    • D. 

      Risk Reduction

    • E. 

      Segmented

    • F. 

      Multiside Markets

    • G. 

      Self- Service

    • H. 

      Co-Creation

    • I. 

      Subscription Fee

    • J. 

      Brokerage Fee

  • 6. 
    ____________ is an example of Costumer Relationships
    • A. 

      Cost Reduction

    • B. 

      Communities

    • C. 

      Diversification

    • D. 

      CRM

  • 7. 
    Fixed Menu Pricing and Dynamic Pricing are two different Pricing Mechanisms that need to be defined in what stage of the canvas
    • A. 

      Costumer Segments

    • B. 

      Key Resources

    • C. 

      Revenue Streams

    • D. 

      Channels

  • 8. 
    Cost Driven and Value Driven strategies are examples of this building block
    • A. 

      Cost

    • B. 

      Revenue

    • C. 

      Value Proposition

    • D. 

      Channels