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BCOR 2304 Final Exam Questions and Answers Already Passed strategy a set of goal-oriented actions a firm takes to gain and sustain better performance over competitors strategy managment combines analysis, formulation, and implementation in finding competitive advantage mastery= view organization as a whole competitive parity two or more firms perform at the same level strategic positioning position in industry that allows firms to provide value to customers, while controlling costs mission r...

Samenvatting gebaseerd op de toetsmatrijs van Economie 4 aan de Hogeschool Rotterdam, Ondernemerschap en retail management.

BIT 3454 Exam 1 The 9 blocks of the Business Model Canvas are: - correct answer 1. customer segments 2. value proposition 3. channels 4. customer relationships 5. revenue streams 6. key resources 7. key activities 8. key partnerships 9. cost structure types of value propositions: Blue Ocean Strategy - correct answer create uncontested market space; make the competition irrelevant; create and capture new demand; break the value-cost trade-off; align the whole system of a firm's act...

Alle lesdoelen uitgewerkt, en deze geleerd voor het tentamen en hiermee een 8.2 gehaald, vorig jaar met een samenvatting van iemand anders geleerd en 2 keer een dikke onvoldoende doordat deze teveel informatie bevatten en ik niet concreet kon leren, dat is met deze samenvatting niet het geval. De volgende lesdoelen die ik ook heb uitgewerkt kwamen aan bod in het tentamen: • Heeft kennis van de concepten Strategie 1.0, 2.0 en 3.0 om de scope en inhoud van de “Zoeklichtfase” in te vullen en...

Business model canvas Correct Answer is a strategic management tool to quickly and easily define and communicate a business idea or concept Customer segments Correct Answer the different groups of people or organization on an enterprise aims to reach and serve, heart of any business model Mass market Correct Answer one large group with broad needs/problems Niche market Correct Answer specific and specialized Segmented Correct Answer slightly different needs (ex: economy and 1st class...

Metcalfe's Law - ANSWERSstates the effect of a telecommunications network is proportional to the square of the number of connected users of the system. Network Effect - ANSWERS(also called network externality or demand-side economies of scale) is the positive effect described in economics and business that an additional user of a good or service has on the value of that product to others. When a network effect is present, the value of a product or service increases according to the number of...

What comprises the heart of the business model? Value Proposition What does the Value Proposition do for the customer segment? Satisfies a customer need and a customer problem Which of the following channels is NOT used to deliver the value proposition to the Customer Segment? B Which of the following is NOT a motivation which drives customer relationships? Building Long lasting personal friendships Which of the following pricing mechanisms falls under the fixed m...

BPI Exam 1 Rated 100% Correct!!

MIST 2090 Quiz 2 UGA Questions and Correct Answers 2024 *Customer Segments* - Answer -*different groups of people or organizations an enterprise aims to reach and serve* Mass market - Answer -Everyone. This type of business model is often found in the consumer electronics sector. *Niche market* - Answer -*Specialized customer segments. supplier-buyer relationships.* Segmented - Answer -Both segments have similar but varying needs and problems. Diversified - Answer -serves two unrelated ...

THE BUSINESS MODEL CANVAS WITH THE BEST QUESTIONS AND ACCURATE ANSWERS What are the 9 building blocks of the business model canvas? - CORRECT ANSWER1. Customer segments 2. Value Proposition 3. Channels 4. Customer Relationships 5. Revenue 6. Key Resources 7. Key Activities 8. Key Partnerships 9. Cost Structure *Customer Segments* - CORRECT ANSWER-The different groups of people or organizations the enterprise aims to reach and serve Customer Segment Type: Mass Market - CORRECT ...