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Entrepreneurship
Test Description: Parts of the curriculum
Instructions: Answer all questions to get your test result.
1) Demographics is what part of the LCBM?
A
Revenue streams
B
Customer segments
C
Problems
2) For your project your presentation must be plain and 3 minutes long
A
True
B
False
3) Unique Value Proposition of the LCBM describes your..
A
customers
B
slogan
C
profit margins
4) Channels defined how you are going to
A
reach your customers
B
reach your competitors
5) Key metrics in the LCBM focus on
A
how well your business is doing
B
your customers lifestyle
6) I understand what we have discussed this far about our Proof of Learning project
A
Yes
B
No
7) Revenue streams
A
are ways I can use my cellphone in my business
B
are ways to may extra money
8) Competitive Advantages is important because
A
it sets your business apart from your peers
B
it sets your business apart from your competitions
9) Behavioral segmentation in the LCBM is defined as;
A
the usage of the product or service, The occasion you of when purchase the product or service
B
a choice one makes about what action to take
10) Cost structures of the LCBM deals with
A
buying products individually
B
operating expenses of your business
*select an answer for all questions
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