Question

The elements of the Business Model Canvas that relate to the Value Chain are:

a. Key Partners, Key Activities, Cost Structure & Key Revenues.

b. Key Partners, Key Activities & Key Resources.

c. Key Partners, Cost Structure, Revenue Streams, Value Proposition and Customer Segments.

d. None of the Above.

The elements of the Business Model Canvas that relate to the Business Model Economics are:

a. Revenue Streams and Cost Structures.

b. Customer Segments, Revenue Streams and Value Proposition.

c. All elements relate to business model economics.

d. None of the above.

Answer 1

Answer 1: Option C - Key Partners, Cost Structure, Revenue Streams, Value Proposition and Customer Segments.

Explanation: The value chain is the process of adding value to the product. All the elements specified in Option C are value based.

Answer 2: Option B - Customer Segments, Revenue Streams and Value Proposition.

Explanation: The business model economics decides whether the business is viable. All the elements in option B like customer segments, revenue streams, and value proposition define the business viability.