012121 Entrepreneurship 2 Lean Canvas Model Review

What is BMC?

• Business Modal Canva

• Business Management Collection

• Business Model Canvas

• Business Management Canvas

What is the meaning of VALUE PROPOSITION in BMC?

• value that meet the customer satisfaction

• servis after sales

• the way we interact with the customer

• generate revenue from each customer

What does BMC do?

• BMC is a tool for beginners

• BMC is used to build a business map

• BMC helps us to build a strategic management and lean startup template for developing new or documenting existing business models

• BMC is needed before start a business

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

• true

• false

Value proposition is provided through various elements such as newness, performance, customization, reliability in ‘getting the job done’, design, brand, price, cost reduction, risk reduction, accessibility, and convenience.

• true

• false

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. TRUE or FALSE

• true

• false

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

• true

• false

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

• Who your customers are

• Where you sell your products/services

• How you want to sell your product

• What is the best offer given

What is another word for costs?

• Revenue

• Budget

• Expenses

• Modal

What does "Unique Value Proposition" mean?

• Product description

• The benefit or the added value for a product

• Proposal given to the customer

• Product market place