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Session 1-Business Model

Authored by LICY REYES

Business

University

Used 2+ times

 Session 1-Business Model
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8 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of a company?

Generate losses

Maximize benefits

Have no impact on society

Operate without strategy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main objective of SWOT analysis in a company?

Identify strengths, opportunities, weaknesses and threats

Increase operating costs

Reduce staff productivity

Ignore market changes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does the Human Resources department play in a company?

Manage finances

Hire and develop human talent

Not having specific responsibilities

Direct daily operations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a business model?

A visual representation of the organizational structure of a company

A strategic plan that describes how a company creates, delivers, and captures value

A legal document that establishes ownership of a company

A market analysis that identifies growth opportunities

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a key characteristic of a successful business model?

Product diversification

Clear identification of the target market

Unique value proposition

Controlled costs and clear sources of income

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which component describes how a company relates to its customers and meets their needs?

Distribution channels

Customer segment

Relationships with clients

Cost structure

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a common source of income in a business model?

Sale of products

Advertising

Government subsidies

Subscriptions

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