Business Model Canvas Quiz – Flashcards

it seeks to solve customer problems and satisfy customer needs with value propositions -newness -performance -customization -getting the job done -getting the job done -design -brand/status -cost reduction -risk reduction -accessibility -convenience/usability

value propositions are delivered to customers through communication, distribution, and sales channels -sales force -web sales -own stores -partner stores -wholesaler

customer relationships are established and maintained with each customer segment -personal assistance -ddedicated personal assitance -self-service -automated services -communities -co-creation

revenue streams result from value propositions successfully offered to customers -asset sale -usage fee -subscription fees -lending/renting/leasing -licensing -brokerage fees -advertising

key resources are the assets required to offer and deliver the previously descried elements -physical -intellectual -human -financial

by performing a number of key activites -production -problem solving -platform/Network

some activities are outsourced and some resources are acquired outside the enterprise -optimization and economy of scale -reduction of risk and uncertainty -acquisition of particular resources and activities

the business model elements result in the cost structure -cost-driven -value-driven -fixed costs -variable costs -economies of scale -economies of scope