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FOODS 2 4.02 Entrepreneurship & Lean Canvas Business Model Flashcards | StudBud
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FOODS 2 4.02 Entrepreneurship & Lean Canvas Business Model
FOODS 2 4.02 Entrepreneurship & Lean Canvas Business Model
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Questions
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Answers
1
Josh met with a lending service to acquire FUNDS for his new business. What part of the Lean Canvas Business Model?
competitive advantage
solution
channels
revenue streams
2
After completing the Lean Canvas Business Model for his new Peruvian chicken restaurant. What does Jeff need to do
next
?
order all of his equipment
hire employees
connect to the Internet
pitch his idea to financiers
3
he has established his purpose, customer target group, and single, clear, compelling message. What is his
next
step?
competitive advantage
cost structure
revenue streams
solution
4
Kim is stuck trying to figure out how to use her competitive advantage over other vendors in starting her own business.
channels
cost structure
solution
key metrics
5
Linda is starting a nonprofit that grows vegetables in a food desert in her community.
revenue streams
cost structure
unique value proposition
competitive advantage
6
He is considering a nonprofit business & wants to partner w/ local church to deliver food to elderly. which step
next
?
key metrics
channels
competitive advantage
problem
7
Which step of LeanCanvasBusinessModel includes indicators for evaluating factors that are crucial to success of business
startup costs
key metrics
target customers
channels
8
Lu studied the needs of his community and the people that can be customers, and has developed a business slogan
key metrics
revenue streams
channels
competitive advantage
9
Reggie wants to start a sports nutrition clinic. Which will his
first
step using the Lean Canvas Business Model
decide what services and products his sports nutrition clinic will provide
figure out how to advertise
call the banks to see whether he can get a loan
price supplements at the grocery stores
10
avenues a business uses to reach customers, like websites/store/advertising, is which part of LeanCanvasBusinessModel
product
key metrics
revenue
channels
11
Which step of the Lean Canvas Business Model includes the vision statement?
solution
unique value proposition
key metrics
channels
12
A fluid, simple diagram that captures a business model is a:
Competitive Advantage Model.
Lean Canvas Business Model.
Target Market Model.
Product Model
13
A health center and spa just opened. They have a catchy mission statement and have a successful advertising campaign.
cost structure and key metrics
channels and revenue streams
problem and competitive advantage
unique value proposition and channels
14
Shane sells organic herbs. his sales have declined, he is struggling to pay bills. what step should he evaluate
first
?
unique value proposition
channels
key metrics
competitive advantage
15
Mary sells pasture-raised hen eggs.
channels
unique value proposition
cost structure
revenue streams
