BUSINESS MODEL CANVAS

Which of the following best describes "Key Partners" in the Business Model Canvas?

• Customers who buy the product

• Companies or individuals that help a business operate efficiently

• Employees who work in the business

• The government regulating the industry

Which of the following is NOT a Key Activity in a manufacturing business?

• Product design and production

• Supply chain management

• Customer relationship management

• Watching competitor advertisements

What are Key Resources in the Business Model Canvas?

• The main materials, skills, or intellectual properties needed to run the business

• The number of employees in an organization

• The financial investments made in a business

• The government policies that affect the business

A strong Value Proposition should:

• Clearly state the benefits of the product or service

• Focus only on the price of the product

• Target only one customer segment

• Exclude competitors from the market

Which of the following is an example of a Key Partner for an e-commerce business?

• Logistics and delivery companies

• Customers who leave product reviews

• Social media influencers promoting the brand

• he in-house IT support team

Key Partners in a Business Model Canvas only include supplier

• T

• F

Key Activities are the essential tasks a company must perform to deliver its Value Proposition

• T

• F

A company’s Value Proposition should be the same for all customer segments.

• T

• F

Key Resources can include physical assets, human talent, and intellectual property

• T

• F

A strong Value Proposition can help differentiate a company from competitors

• T

• F