quiz 2

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which of the following are true about the business model canvas

-customer groups research distinct segment if we give them aa distinct offer or serve them through different channels - the channel component describes how we will deliver or reach our customers with the value proposition -the right side of the canvas generally is related to revenue generation while the left side is related to costs

a good business model will do which of the following

describe the value proposition and link them the sources of revenues and costs along with key capabilities and resources necessary to deliever that value

a good business model will do which of the following

describe the value propositions and link them to the sources of revenue and costs, along with key capabilities and resources necessary to deliver that value

two sided market

ebay

customer segments

a group of customers with common needs, common behaviors, or other attributes

cost structure

describes all costs incurred to operate a business model

which of the following does NOT describe a type of key resource

designing making and delivering a product in substantial quantities

which of the following does NOT describe a type of key resource

designing, making and delivering a product in substantial quantities

according to the article "optomizing your digital business model" what are three components of every digital business model

content platform and experience

bait and hook

ex. gilette razors

according to the article "optimizing your business model" USAA succeeded by emphasizing which component of a digital business model?

experience

on the business model canvas, the component that describes the case a company generate from each customer segement is the revenue stream component

false

which of the following is NOT an example of an organization maintaining a customer relationship

glasxosmithkline launching a private online community

a business model canvas CANNOT be used to

identify the sequence of primary and support activities within the organization used to generate value for the customer and margin to the organization

what business model involves serving two or more interdependent market segments and typically involves a platform to bring the two customers together

multi-sided

which of the following is NOT one of the phases of the SDLC

position the organization to generate value

which of the following is not a phase of SDLC

position the organization to generate value

which of the folloeing best describes the "bait and hook" business model?

provide products for low or no cost then make up for profits on complementary products

which of the following is NOT a revenue stream for the organization as they provide a value proposition

reduction of risk and uncertainty

on the business model canvas, which component describes the cash a company generates for each customer segment

revenue stream

freemium

spotify

vakue proposition

the beneift or bundle that a company offers customers

key resources

the most important assets required to make a business model work

a business model canvas can be used to identify the various aspects of the canvas that generate profit for the business

true

the main point in developing a business model is to understand how to create and deliver business value to one or more customer segments

true

which of the following is NOT an example of an organization maintaing customer relationship

airline airlines paying rolls-royce a fee for servicing airline engines


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