Podcast
Questions and Answers
What is the purpose of forming partnerships in a business model canvas?
What is the purpose of forming partnerships in a business model canvas?
- To focus on offline value networks exclusively
- To limit the business model canvas to a narrower scope
- To decrease revenue by sharing profits with partners
- To expand reach and leverage existing organisations and online influencers (correct)
Which of the following is NOT a common online revenue stream option mentioned in the text?
Which of the following is NOT a common online revenue stream option mentioned in the text?
- Sales of physical or virtual goods
- Subscription fees
- Ad revenue
- Donations (correct)
What does Timmers (1999) define a 'business model' as?
What does Timmers (1999) define a 'business model' as?
- A description of the various business actors and their roles (correct)
- A methodology for search engine optimization
- An architecture for websites and web pages
- A detailed technical analysis of customer relationships
What are the components that form part of the Business Model Canvas?
What are the components that form part of the Business Model Canvas?
Which part of the Business Model Canvas is regarded as the heart of what the business offers?
Which part of the Business Model Canvas is regarded as the heart of what the business offers?
How do businesses derive income through revenue streams as mentioned in the text?
How do businesses derive income through revenue streams as mentioned in the text?
What types of customer relationships could be formed according to the Business Model Canvas?
What types of customer relationships could be formed according to the Business Model Canvas?
What do activities and resources in the Business Model Canvas help in accomplishing?
What do activities and resources in the Business Model Canvas help in accomplishing?
Which section comes after Customer Segments in the logical order of the Business Model Canvas?
Which section comes after Customer Segments in the logical order of the Business Model Canvas?
Which of the following is NOT mentioned as a cost element in the business model canvas?
Which of the following is NOT mentioned as a cost element in the business model canvas?
What does the Business Model Canvas suggest as alternatives for customer segments?
What does the Business Model Canvas suggest as alternatives for customer segments?
In the Business Model Canvas, what are the methods by which the organization's services will be delivered and audiences reached called?
In the Business Model Canvas, what are the methods by which the organization's services will be delivered and audiences reached called?
What is an online value proposition (OVP) primarily used for?
What is an online value proposition (OVP) primarily used for?
What is a characteristic of an Internet-based market?
What is a characteristic of an Internet-based market?
Why is it important for a brand to have a unique online value proposition?
Why is it important for a brand to have a unique online value proposition?
What is a key implication of the virtual marketplace?
What is a key implication of the virtual marketplace?
What is the purpose of online marketplace analysis?
What is the purpose of online marketplace analysis?
What do free and paid-for services help with in online marketplace analysis?
What do free and paid-for services help with in online marketplace analysis?
