Lean Canvas Model Quiz

What is the Lean Canvas Model primarily used for?

• Presenting detailed financial plans

• Streamlining major components of a business plan idea

• Designing marketing strategies

• Developing software applications

What is the purpose of listing the top three problems or needs?

• To ignore them

• To feel good about the community

• To identify needs your product would meet

• To create more problems

What is the purpose of identifying a customer segment?

• To determine the price of the product

• To identify who will benefit from your idea or buy your product

• To decide the color of the product

• To find out the manufacturing cost

Why might someone without food preparation skills be considered a target customer?

• They prefer eating out

• They are likely to buy pre-prepared food products

• They have their own farms

• They dislike cooking

What is the purpose of a unique value proposition?

• To confuse potential customers

• To turn an unaware visitor into an interested prospect

• To provide financial statements

• To describe the history of the company

Which of the following is NOT a revenue stream mentioned in the example?

• Local assistance

• Loans

• Marketing strategies

• Donations

Which of the following is an example of a fixed cost?

• Gas for trucks

• Materials for classes

• Rent of facilities

• Repair costs

What are variable costs?

• Costs that remain the same each month

• Costs that change from month to month

• Costs that are fixed annually

• Costs that are always decreasing

Which of the following is NOT a fixed cost?

• Rent

• Internet service

• Gas for trucks

• Employee salary

What type of cost is associated with materials for business?

• Fixed cost

• Variable cost

• Annual cost

• One-time cost