NR 533 WEEK 7 BUSINESS PLAN ASSIGNMENT
CERTIFICATION EVALUATION 2026 QUESTIONS
WITH PRACTICE SOLUTION GRADED A+
◉ Business Model Canvas. Answer: A strategic tool, developed by
Alex Osterwalder, that focuses on a firm's core characteristics and
allows an entrepreneur to test new ideas before time and money are
deployed
◉ 1. Infrastructure
2. Customers. Answer: What are the two groups in the Business
Model Canvas?
◉ 1. value proposition
2. customer relations
3. customer segments
4. channels
5. revenue streams. Answer: What are the five building blocks in the
customer group of the Business Model Canvas?
◉ 1. Key partners
2. Key activities
, 3. Key resources
4. Cost structures. Answer: What are the four building blocks in the
infrastructure group of the Business Model Canvas?
◉ Value proposition. Answer: A statement of how a company creates
value for its customers compared to its competitors, which provides
the basis for the firm's competitive advantage
◉ Customer relations. Answer: Refers to how you will acquire, keep,
and grow the customer base
◉ Customer segments. Answer: Describes who your customers will
be
◉ Channels. Answer: Explains how your product or service will be
sold to your customers
◉ Revenue stream. Answer: Identifies the nature and types of a
company's sources of revenue
◉ Volume or unit based. Answer: This type of revenue stream
consists of customers paying a fixed price per unit in exchange for a
product or service
CERTIFICATION EVALUATION 2026 QUESTIONS
WITH PRACTICE SOLUTION GRADED A+
◉ Business Model Canvas. Answer: A strategic tool, developed by
Alex Osterwalder, that focuses on a firm's core characteristics and
allows an entrepreneur to test new ideas before time and money are
deployed
◉ 1. Infrastructure
2. Customers. Answer: What are the two groups in the Business
Model Canvas?
◉ 1. value proposition
2. customer relations
3. customer segments
4. channels
5. revenue streams. Answer: What are the five building blocks in the
customer group of the Business Model Canvas?
◉ 1. Key partners
2. Key activities
, 3. Key resources
4. Cost structures. Answer: What are the four building blocks in the
infrastructure group of the Business Model Canvas?
◉ Value proposition. Answer: A statement of how a company creates
value for its customers compared to its competitors, which provides
the basis for the firm's competitive advantage
◉ Customer relations. Answer: Refers to how you will acquire, keep,
and grow the customer base
◉ Customer segments. Answer: Describes who your customers will
be
◉ Channels. Answer: Explains how your product or service will be
sold to your customers
◉ Revenue stream. Answer: Identifies the nature and types of a
company's sources of revenue
◉ Volume or unit based. Answer: This type of revenue stream
consists of customers paying a fixed price per unit in exchange for a
product or service
