Question 1

Which of the following factors are not important when designing a business model?

Accepted Answer

A)  Understanding customers' values 
B)  Having Venture Capital Investment 
C)  Analyzing current and potential customers 
D)  Clearly identifying the markets that you will enter. 
A)  Understanding customers' values 
B)  Having Venture Capital Investment 
C)  Analyzing current and potential customers 
D)  Clearly identifying the markets that you will enter.

Question 2

Which of the following is the term used to describe the fee that may be paid to initiate the contract?

Accepted Answer

A)  Running royalties 
B)  Minimums 
C)  Up-front 
D)  Advances 
A)  Running royalties 
B)  Minimums 
C)  Up-front 
D)  Advances

Question 3

It is recommended that the Business Model Canvas be used in _________ sessions.

Accepted Answer

A)  Individual 
B)  Team 
C)  Small 
D)  Large 
A)  Individual 
B)  Team 
C)  Small 
D)  Large

Question 4

Large companies that have a complementary product or service sold alongside a small company's product for mutual benefit is an example of corporate partnering.

Accepted Answer

A) True 
 B)False

Question 5

In applying the business model canvas for a service-based organization, physical assets to produce the product are going to be critical resources.

Accepted Answer

A) True 
 B)False

Question 6

Licensing and ________ refer to types of contracts between an issuing entity and a receiving entity.

Accepted Answer

The answer of Licensing and ________ refer to types of...

Which of the following factors are not important when designing a business model?

Which of the following is the term used to describe the fee that may be paid to initiate the contract?

It is recommended that the Business Model Canvas be used in _________ sessions.

Large companies that have a complementary product or service sold alongside a small company's product for mutual benefit is an example of corporate partnering.

In applying the business model canvas for a service-based organization, physical assets to produce the product are going to be critical resources.

Licensing and ________ refer to types of contracts between an issuing entity and a receiving entity.

Understanding the Entrepreneurial Process

Converting Ideas Into Opportunities

Engaging Customers, Analyzing Competitors, for Market Entry Strategy

Preparing the Investor Package

Setting up the Company

Protecting Intellectual Property

Launching and Financing Your Venture

Equity Financing for High Growth

Managing Start-Up Performance/money and People

Pitching the Venture to Investors

Planning Your Exit

Filters

Exam 3: Framing and Testing the Business Model

Which of the following factors are not important when designing a business model?

Which of the following is the term used to describe the fee that may be paid to initiate the contract?

It is recommended that the Business Model Canvas be used in _________ sessions.

Large companies that have a complementary product or service sold alongside a small company's product for mutual benefit is an example of corporate partnering.

In applying the business model canvas for a service-based organization, physical assets to produce the product are going to be critical resources.

Licensing and ________ refer to types of contracts between an issuing entity and a receiving entity.

Understanding the Entrepreneurial Process

Converting Ideas Into Opportunities

Engaging Customers, Analyzing Competitors, for Market Entry Strategy

Preparing the Investor Package

Setting up the Company

Protecting Intellectual Property

Launching and Financing Your Venture

Equity Financing for High Growth

Managing Start-Up Performance/money and People

Pitching the Venture to Investors

Planning Your Exit

Filters