Ch4
Business Model Insights Quiz
Test your knowledge on business models with our engaging quiz! Whether you're a student of business, a professional, or just looking to learn, this quiz will challenge your understanding of key concepts related to how businesses create value.
- Learn about various business models.
- Evaluate your understanding of customer value propositions.
- Discover insights into disruptive business strategies.
A business model is a firm’s plan or recipe for how it creates, delivers, and captures value for its customers .
True
False
A firm’s business model is integral to its ability to succeed in the ......... term.
Short
Long
Short and long
Pinterest Examples of .......
Advertising Business Model
Auction Business Model
Freemium Business Model
Bricks and Clicks Business Mode
Freemium Business Model: A business model in which the customer pays a monthly, quarterly, or yearly subscription fee to have access to a product or service.
True
False
A model in which a business acts as a matchmaker between individuals with a service to offer and others who want the service.
Traditional
Peer to peer
Low-cost
Bricks and Clicks
A business model in which a company integrates both online (bricks) and offline (clicks) presences.
True
False
The business model consists of four main interlocking parts that together create ‘the business’. Without these four parts, there is
No money
No problem
No customers
No opportunity
Disruptive business models, which are rare
True
False
The CVP means thinking about your business from the ......... viewpoint
Customers
Stakeholders
Manager
Organization
All-benefits (focus on the customers )
True
False
Resonating-focus (focus on the .........)
Product
Customers
Competition
Points-of-difference (focus on competition)
True
False
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