Which lean canvas component describes how a business idea solves customers problems in a better way than existing solutions?
BootCamp1_2023_2024

Quiz
•
Other
•
9th - 12th Grade
•
Medium
John Snyder
Used 17+ times
FREE Resource
28 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Milestones
Competition
Value Proposition
Business Model
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the characteristics of an entrepreneurial mindset?
business knowledge, financial knowledge,
and organizational skills
community awareness, educactional readiness, and literacy
people skills, problem solving and career exploration
creativity, adaptability, determination, and empathy
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You manufacture race cars.
How should you determine performance criteria for your product?
Secure additional funding
Run a social media campaign
Create a commercial explaining the product
Test an interactive prototype
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You own a hot dog cart downtown. You sell each hot dog for $2.50. You need to determine your monthly BREAK-EVEN POINT
* Monthly Expenses $600
* Cost to produce each hot dog $1
How MANY hot dogs do you need to sell each month to break-even
172
240
400
600
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which THREE answer options are products that would be developed by digital production not physical production
(Choose 3)
Social Media applications
Wall mounted televisions
E-Books
Laptops
Banner Ads
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You have a small business. Your first-year financials are as follows
- Start up costs: $60,000
- Gross Sales: $65,800
- Total Expenses: $28,500
- Income Taxes: $6,370
What is the Return on Investment (ROI) for your business?
1.96%
51%
61%
92%
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which THREE resources represent SECONDARY DATA
(Choose 3)
Focus Groups
Industry Newsletter
United States Census
Customer Interviews
Academic Journals
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