Unit 1 Review - Entrepreneurship

Front

The cost structure of the BMC deals with which of the following? Expenses, Revenue, Number of customers, Profit

Back

Expenses

Front

A company's manufacturing of their product is considered an example of cost structure. True or False?

Back

True

Front

Facebook’s use of advertising displays in their application is considered an example of cost structure. True or False?

Back

False

Front

A company's manufacturing of their product is considered an example of revenue streams. True or False?

Back

False

Front

Facebook’s use of advertising displays in their application is considered an example of revenue streams. True or False?

Back

True

Front

The way a customer can purchase or gain access to a product/service falls into which section of the business model canvas?

Back

Channels

Front

Which of the following are channels? Select one: The online shop of the company’s product, The company’s Facebook ad, The company’s TV ad, A commercial about the product

Back

The online shop of the company’s product

Front

An example of a channel for Instagram would be through the Today Show. True or False?

Back

False

Front

What data will a company collect and measure to determine success would fall into which section of the business model canvas?

Back

Key Metrics

Front

Which of the following describes Key Metrics? Select one: Measures of success, Revenue generation, Cost analysis, Customer feedback

Back

Measures of success