"Business Model Canvas" Assessment

Complete this assessment to receive credit for attending or viewing the May 2, 2019 New Mexico Rainforest EDA University Center Seminar, "Business Model Canvas" by Susan Cornelius. This quiz is based on both the seminar and the handouts. The recorded seminar and handouts are available at NMRainforest.com

Email address *

Name (First and Last) *

Your answer

In the seminar, we discussed that we are creating a "disruptive business model". What do we mean by a "disruptive business model"? *

The entrepreneur does not know the Minimal Value Proposition, let alone what the true Market is.

The entrepreneur does not know who the customers are and what they are willing to pay.

The entrepreneur does not know the features the customer wants.

All of the above

True or False? The Business Model Canvas can be best described through nine basic building blocks that show the logic of how a company intends to make money. *

True

False

True or False? A Customer, to a surprising degree, has significant control over determining your final product. *

True

False

True of False? To be an entrepreneur is to be a Visionary, a Game Changer, and a Challenger, striving to defy outmoded business models to design your new enterprise. The Business Model Canvas helps create this Disruptive Business Model. *

True

False

In determining your Minimal Value Proposition, which of the following questions do you need to answer? *

For whom are we creating value?

What customer needs are we satisfying or what customer problem are we solving?

Why will the customer choose our product technology over others?

All the above

None of the above

Which of the following are elements of the Business Model Canvas? *

Customer Segments

Value Proposition

Channels

Customer Relationships

Revenue Streams

Key Resources

Key Activities

Key Partnerships

All of the above

Which of the following statement(s) are true? *

You may think you know what your market needs, but probably not

All markets are uncertain

By definition, you are creating a disruptive technology when markets are uncertain, pricing is uncertain and you are unsure of market segments

All of the above

What is the most important purpose of the Customer Interview? *

To determine who does our technology create value for

Determine which customers are likely to buy first

Create a group of potential customers for your product

All of the above

True or False? Finding the right mix of Business Channels is critical to satisfy how customers want to be reached and is crucial in bringing a Value Proposition to market. *

True

False

True or False? In order to create a strong Business Model Canvas, with all its building blocks, you must wait until you finally have the perfect model you can execute to get your Value Proposition to market. *

True

False

Send me a copy of my responses.

Submit

Never submit passwords through Google Forms.

reCAPTCHA

Privacy Terms

This content is neither created nor endorsed by Google. Report Abuse - Terms of Service

Forms