Which of the following is not part of business model canvas

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Reference no: EM133259002

Assignment:

1. Customers buy a product or service because they perceive there to be a product-market fit, which includes:

A. Enabling them to complete their job

B. Solving a problem that is associated with their job

C. Providing more benefits than other solutions

D. A&B only

E. All the above

2. When interviewing potential customers during customer discovery, it is best to:

A. Hold group interviews and ask specific, targeted questions to keep the interview focused

B. Ask interviewees to share stories

C. Ask broader, open-ended questions

D. B and C

E: All of the above

3. A minimum viable product is :

A. A basic version of the product to gauge feedback from customers, and introduce customers to its value proposition.

B. A strategy to gain new customers through a cheaper product.

C. A product that utilizes the lowest possible costs.

4. Non-accredited investors are only allowed to invest $2,000 or five percent of their income/net work (whichever is less) if their income is less than:

A. 100,000

B. 200,000

C. 250,000

D. 85,000

5. Which of the following is not part of the Business Model Canvas chart?

A. Key Partners

B. Cost Structure

C. Revenue Streams

D. None of the above

6. Which of the following is not one of the 4 questions venture capital investors would ask?

A. What problem does your startup solve for consumers?

B. Why is now the best time?

C. What makes you the best leader for your idea?

D. Do you have the team to execute your vision?

E. How did you come up with that idea?

7. Who are the three KEY people that are most needed in a startup business?

A. Domain expert, Product Expert, Operations Expert

B. Product Expert, Finance Expert, Operations Expert

C. Finance Expert, Domain Expert, Product Expert

D. Sales Expert, Doman Expert, Product Expert

8. When interviewing potential customers during customer discovery, it is best to:

A. Hold group interviews and ask specific, targeted questions to keep the interview focused

B. Ask interviewees to share stories

C. Ask broader, open-ended questions

D. B and C

E. All of the above

Reference no: EM133259002

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