ENT 101 Week 9 Quiz | Questions and Answers | 2026 Update | 100% Correct - Toronto Metropolitan
University.
Toronto Metropolitan University
All Questions & Answers
Question 1
A business model primarily explains:
A. How much profit a company makes
B. How a business creates, delivers, and captures value
C. How to write a business plan
D. How to attract investors
✅ Correct Answer: B
Question 2
Which of the following are key components of the Business Model Canvas (BMC)?
(Select all that apply)
A. Customer Segments
B. Value Propositions
C. Key Resources
D. Competitive Analysis
E. Revenue Streams
F. Key Partners
✅ Correct Answers: A, B, C, E, F
Question 3
A value proposition describes:
A. The price of the product
B. The features of the product
C. Why customers should choose your offering over alternatives
D. How the product is manufactured
✅ Correct Answer: C
, Question 4
Which of the following best reflects a customer segment?
A. Anyone who might buy your product
B. A clearly defined group of people with similar needs or behaviours
C. Your competitors
D. Your investors
✅ Correct Answer: B
Question 5
Revenue models explain:
(Select all that apply)
A. How the business makes money
B. When customers pay
C. Why customers buy
D. The pricing mechanism used
✅ Correct Answers: A, B, D
Question 6
Which of the following are common revenue models?
(Select all that apply)
A. Subscription
B. One-time purchase
C. Licensing
D. Donations only
E. Advertising
✅ Correct Answers: A, B, C, E
Question 7
A cost structure refers to:
A. The costs incurred to operate a business model
B. The cost of customer dissatisfaction
C. Market pricing
D. Employee salaries only
✅ Correct Answer: A
University.
Toronto Metropolitan University
All Questions & Answers
Question 1
A business model primarily explains:
A. How much profit a company makes
B. How a business creates, delivers, and captures value
C. How to write a business plan
D. How to attract investors
✅ Correct Answer: B
Question 2
Which of the following are key components of the Business Model Canvas (BMC)?
(Select all that apply)
A. Customer Segments
B. Value Propositions
C. Key Resources
D. Competitive Analysis
E. Revenue Streams
F. Key Partners
✅ Correct Answers: A, B, C, E, F
Question 3
A value proposition describes:
A. The price of the product
B. The features of the product
C. Why customers should choose your offering over alternatives
D. How the product is manufactured
✅ Correct Answer: C
, Question 4
Which of the following best reflects a customer segment?
A. Anyone who might buy your product
B. A clearly defined group of people with similar needs or behaviours
C. Your competitors
D. Your investors
✅ Correct Answer: B
Question 5
Revenue models explain:
(Select all that apply)
A. How the business makes money
B. When customers pay
C. Why customers buy
D. The pricing mechanism used
✅ Correct Answers: A, B, D
Question 6
Which of the following are common revenue models?
(Select all that apply)
A. Subscription
B. One-time purchase
C. Licensing
D. Donations only
E. Advertising
✅ Correct Answers: A, B, C, E
Question 7
A cost structure refers to:
A. The costs incurred to operate a business model
B. The cost of customer dissatisfaction
C. Market pricing
D. Employee salaries only
✅ Correct Answer: A
