Business Model Core Strategies Quiz

What does the core strategy of a business model primarily focus on?

Which of the following is NOT a primary element of a core strategy?

What is the purpose of a well-written mission statement?

Why is it important for a business to articulate its Basis of Differentiation?

What concept describes taking a dual approach where profit motives are prioritized separately from giving back?

How can a business's mission statement be beneficial in the long term?

What issue does Pierre Omidyar highlight regarding the two-pocket approach?

What is a common criticism of the way corporations handle their profit motives and social activities?

Which of the following describes a characteristic of disruptive business models?

What is the primary function of business model innovation?

Which company is known for introducing the Direct-to-Consumer Computer Sales model?

In Michael Porter’s Value Chain, which of the following is considered a primary activity?

How do value chain activities influence an organization?

What is one characteristic of Software as a Service (SaaS) business model?

Which of these companies is associated with cloud-based rideshare services?

What is a central aspect of value proposition in business models?

Which element of the business model canvas identifies the different products or service bundles a company aims to deliver?

What component of the business model canvas focuses on the various ways a company can earn income?

Which part of the business model canvas specifies the necessary resources to create value for customers?

What does the Cost Structure element of the business model canvas identify?

In the business model canvas, what does Key Partners represent?

Which element of the business model canvas discusses how a company interacts with customers to retain them?

Which aspect describes different ways the company intends to deliver its value proposition?

What is primarily outlined in the Revenue Streams section of the business model canvas?