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Foods 2 1.01 Lean Canvas Model Flashcards | StudBud
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Foods 2 1.01 Lean Canvas Model
Foods 2 1.01 Lean Canvas Model
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#LCM
Flashcards
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Questions
10
Answers
1
What two categories best describes the segmentation of the LCM?
Product & Promotion
Solution & Cost
Advertising & Creativity
Price & People
2
What is step 1 of the LCM?
Cost Structure
Solution
Problem
Customer Segments
3
What step of the LCM do you identify who will need to buy your product?
Customer Segments
Solution
Problem
Unique Value Proposition
4
What section of the LCM allows you to identify what current issue may need a solution?
Customer Segments
Cost Structure
Channels
Problem
5
What step of the LCM includes the single, clear message that pulls unaware customers in?
Solution
Unique Value Proposition
Problem
Cost Structure
6
What is LCM used for?
Creating a gluten free menu.
Brainstorming ideas for natural disaster relief
Learning how to find a job.
Identifying a problem through entrepreneurship
7
What step of the LCM allows you to discuss how you will get the word out about your idea?
Competitive Advantage
Revenue Streams
Channels
Solution
8
What does LCM stand for?
Lean Canvas Menu
Lean Canvas Model
Lets Clean More
Lower Cash Meal
9
How many steps/questions are there in the LCM?
10
6
7
9
10
What step of the LCM allows you to list all of the fixed & variable costs needed?
Problem
Cost Structure
Key Metrics
Revenue Streams