Business Model Canvas Quiz
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Questions and Answers

What is the purpose of the 'Learn to Launch' program?

  • To provide feedback from customers and advisors
  • To integrate, iterate, and evolve new concepts
  • To scale operations and go-to-market
  • To define the entrepreneurial vision and value proposition (correct)
  • Which of the following is NOT one of the 'three sets' of entrepreneurship?

  • Financeset (correct)
  • Toolset
  • Mindset
  • Skillset
  • Which of the following is a key part of the 'Design Thinking' process?

  • Determining the current solutions used by customers
  • Identifying the problems customers are trying to solve
  • Providing a better solution than what is currently available
  • All of the above (correct)
  • Where does 'Price Skimming' lie in the pricing strategy matrix?

    <p>In the high quality - high price quadrant</p> Signup and view all the answers

    What is the purpose of the 'Business Model Canvas'?

    <p>To describe the business model of a venture</p> Signup and view all the answers

    What is the purpose of the 'Customer Lifecycle' tool?

    <p>To describe the different stages a customer goes through when interacting with a business</p> Signup and view all the answers

    What is the purpose of the 'Persona' tool?

    <p>To describe the characteristics of a typical customer</p> Signup and view all the answers

    What is the primary focus of the 'Design Thinking' process?

    <p>To be customer-centric and answer key questions about customer problems and solutions</p> Signup and view all the answers

    What is the purpose of the 'Value Proposition' concept?

    <p>To describe the unique value a business offers to its customers</p> Signup and view all the answers

    What is the purpose of the 'Business Model' concept?

    <p>To describe how a business creates, delivers, and captures value</p> Signup and view all the answers

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