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Question 3 - OGB-001 discussion

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Consider the following representation of a business model:

Which of the following business models is This an example of?

A.
The Business Model Canvas
Answers
A.
The Business Model Canvas
B.
The Four Box Framework
Answers
B.
The Four Box Framework
C.
The Business Model Cube
Answers
C.
The Business Model Cube
D.
The Business Model Innovation factory
Answers
D.
The Business Model Innovation factory
Suggested answer: A

Explanation:

The Business Model Canvas is a strategic management tool that allows to visualize and document the key elements of a business model on a single page. It consists of nine building blocks: customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure. According to Wikipedia 3, The Business Model Canvas "offers a visual chart with elements describing a firm's or product's value proposition, 4 infrastructure, customers, and finances, 1 assisting businesses to align their activities by illustrating potential trade-offs." The image provided by the user is an example of a Business Model Canvas with icons representing each building block.

asked 23/09/2024
Pineda Jerson
30 questions
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