Business Model Core Strategies Quiz

<p>To clarify how their offerings stand apart from competitors (A)</p> Signup and view all the answers

<p>Two-pocket approach (D)</p> Signup and view all the answers

<p>It can act as a financial and moral compass (A)</p> Signup and view all the answers

<p>It disconnects values from actions taken by businesses (D)</p> Signup and view all the answers

<p>They often treat them as mutually exclusive strategies (C)</p> Signup and view all the answers

<p>They change how business is conducted in an industry. (C)</p> Signup and view all the answers

<p>To enhance competitive advantage and value creation. (C)</p> Signup and view all the answers

<p>Dell (B)</p> Signup and view all the answers

<p>Outbound Logistics (B)</p> Signup and view all the answers

<p>They determine costs and affect profits. (A)</p> Signup and view all the answers

<p>It allows users to access the software from anywhere with Internet. (D)</p> Signup and view all the answers

<p>Uber and Lyft (D)</p> Signup and view all the answers

<p>It communicates the unique benefits offered to customers. (C)</p> Signup and view all the answers

<p>Value Propositions (B)</p> Signup and view all the answers

<p>Revenue Streams (D)</p> Signup and view all the answers

<p>Key Resources (C)</p> Signup and view all the answers

<p>Main items contributing to overhead and operational costs (D)</p> Signup and view all the answers

<p>Strategic alliances that support value creation (C)</p> Signup and view all the answers

<p>Customer Relationships (C)</p> Signup and view all the answers

<p>Channels (A)</p> Signup and view all the answers

<p>Ways to monetize assets and operations (C)</p> Signup and view all the answers

A company's reason for existence and the goals of its business model.

The unique aspects of a product/service that distinguish it from competitors.

A company's plan for competing with rivals.

Profit motive and social responsibility are handled separately and seen as opposed.

A visual framework for understanding the parts of a successful business model and their relationships.

The range of products a business offers and the types of customers they target.

The specific group of customers a business aims to reach.

A key aspect of business that is commonly overlooked, specifically in relation to strategic investment.

A strategic planning tool for businesses to illustrate and develop their business model.

The bundled products/services a company offers to customers.

Different groups of customers a company intends to serve.

Main actions needed to create and deliver value.

Strategic alliances supporting value creation/delivery.

Ways to deliver value to customer segments.

Various ways a company earns income.

Main costs and processes affecting overhead and operational costs.

Rare business models that significantly change how business is conducted.

A business model where companies sell computers directly to consumers, allowing customization.

A business model where advertisers place ads on search engine results pages based on user searches.

A business model where software is accessed via the internet, eliminating the need for installation.

A business model that connects riders with drivers through a mobile app.

Improving a business by changing both the value proposition to customers and the operational methods.

A set of activities that an organization uses to create and deliver a product or service.

Essential activities involved in product delivery, such as production, marketing, and sales.