Business Models (Leaving Cert Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
ShowHide
Practise the questions
10 questions from this quiz
Who created the Business Model Canvas in 2010?
Who created the Business Model Canvas in 2010?
Alexander Osterwalder & Yves Pigneur
How many key components are in the Business Model Canvas?
How many key components are in the Business Model Canvas?
Nine
What does a business model explain?
What does a business model explain?
How a company will operate & make money
A shop buys pens at €0.50 & sells at €1.00. What is the mark-up percentage?
A shop buys pens at €0.50 & sells at €1.00. What is the mark-up percentage?
100%
Which companies are examples of the subscription model?
Which companies are examples of the subscription model?
Netflix & Spotify
What is the initial McDonald's franchise fee mentioned?
What is the initial McDonald's franchise fee mentioned?
€45,000
Which companies are given as manufacturing model examples?
Which companies are given as manufacturing model examples?
Apple & Samsung
What does the freemium model offer?
What does the freemium model offer?
Basic version free, charge for premium
How many customer-focused components are in the Business Model Canvas?
How many customer-focused components are in the Business Model Canvas?
Four
What benefit does digital transformation provide businesses?
What benefit does digital transformation provide businesses?
Competitive advantage in fast-changing mkts