Podcast
Questions and Answers
What is the name of a framework used to summarize business hypotheses?
What is the name of a framework used to summarize business hypotheses?
Business Model Canvas
What is the main goal of developing a business model?
What is the main goal of developing a business model?
- To make money (correct)
- To define a company's value proposition
- To identify and solve problems
- To attract investors
Which of the following is NOT a component of a business plan?
Which of the following is NOT a component of a business plan?
- Marketing
- Technology
- Customer Reviews (correct)
- Sales Channels
What is the main message of the quote "No Business Plan Survives First Contact with Customers."?
What is the main message of the quote "No Business Plan Survives First Contact with Customers."?
The cost-plus business model involves customers paying a fixed price for a product regardless of its actual cost.
The cost-plus business model involves customers paying a fixed price for a product regardless of its actual cost.
What is the primary difference between a cost-plus business model and an hourly rate model?
What is the primary difference between a cost-plus business model and an hourly rate model?
Which business model involves customers paying a low upfront cost and then recurring costs based on usage?
Which business model involves customers paying a low upfront cost and then recurring costs based on usage?
Which of the following business models relies on earning a commission from a third party for purchases made by customers?
Which of the following business models relies on earning a commission from a third party for purchases made by customers?
What is the main idea conveyed in the final takeaways slide?
What is the main idea conveyed in the final takeaways slide?
