The business model canvas - Study guides, Class notes & Summaries

1. Which of the following techniques can be used to model the rationale of a change? A. Roles and Permissions Matrix B. Organizational modelling C. Business capability analysis D. Decision modelling - Answer-D. Decision modelling Explanation: BABoK V3.0 - Section 7.1.4.1 - Model Requirements - Paragraph 3 - Point #2 - Rationale: models represent the 'why' of a change. Techniques used to represent the rationale include Decision Modelling; Scope Modelling; Business Model Canvas; Root Caus...

Competitive Advantage : a company's ability to create more economic value than its competitors Visionary Firms : firms whose mission is central to all they do, have enjoyed long periods of high performance Mission Statement vs Vision Statement : Mission statement - It is what you do/the core of the business, and from it come the objectives and finally, what it takes to reach those objectives. *What do we do? Whom do we serve? How do we serve them? Vision statement - It is the future ...

FOODS 2 PRACTICE TEST EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+ Family and consumer sciences cooperative extension agent is an example of a job in which career pathway? Correct Answer: Family and Community Services The avenues a business uses to reach customers, like a website, store, or advertising, defines which section of the Lean Canvas Business Model? Correct Answer: channels What is a work-based learning opportunity where one volunteers time...

SAFe for Lean Enterprises - ANSWER-A knowledge base of proven, integrated principles, practices, and competencies for achieving Business Agility by implementing Lean, Agile, and DevOps at scale. Critical ART success factors - ANSWER-1) SAFe Lean-Agile Principles 2) Real Agile Teams and Trains 3) Cadence and Synchronization 4) PI Planning 5) Customer Centricity, DevOps and Release on Demand 6) System Demo 7) Inspect & Adapt 8) IP Iteration 9) Architectural Runway 10) Lean-Agi...

a - ️️Companies use contract manufacturing to a. All answers are correct b. Temporarily meet an unexpected increase in orders c. Avoid heavy start-up costs d. Experiment in a new market a - ️️How many boxes are there on the Business Model Canvas to fill out? a. 9 b. 12 c. 5 d. 15 a - ️️Organizational ethics begin at the ________________ of the organization. a. top b. middle c. structural d. lower a - ️️The advantage(s) of offshore outsourcing is/are ...

Business Model correct answers another way of assessing how some type of problem in the marketplace can be solved business model simple definition correct answers the way a company applies knowledge to capture value The business model canvas (osterwalder model) correct answers left side - everything that relates to your business left side - everything that relates to the customer 9 components of business model canvas correct answers 1. customer segments 2. value proposition 3. chann...

Which stage of the Requirements stages structures all requirements and designs so that they support the overall business purpose for a change and that they work effectively as a cohesive whole? a) Verify Requirements b)Validate Requirement c) Define Requirements Architecture (Correct) Specify and Model Requirements - c) Define Requirements Architecture Explanation Refer BABOK V3 pg 148., read more about the task 'Define Requirement Architecture' Which of the following technique...

Emerging Strategy - when you started doing and discover it along the way Intended Strategy - the strategy the organization decides on during the planning phase and wants to use Business Canvas Model - Canvas model that allows you to summarize a business model for developing new or documenting existing business models.

IIBA - ECBA Test Bank Questions #3 Answered Correctly and Deeply Explained. Which stage of the Requirements stages structures all requirements and designs so that they support the overall business purpose for a change and that they work effectively as a cohesive whole? a) Verify Requirements b)Validate Requirement c) Define Requirements Architecture (Correct) Specify and Model Requirements - c) Define Requirements Architecture Explanation Refer BABOK V3 pg 148., read more about the tas...

IIBA - ECBA Test Bank Questions #3 Answered Correctly. Which stage of the Requirements stages structures all requirements and designs so that they support the overall business purpose for a change and that they work effectively as a cohesive whole? a) Verify Requirements b)Validate Requirement c) Define Requirements Architecture (Correct) Specify and Model Requirements Which of the following technique is used in the Requirement Analysis and Design Definition? The technique is also...