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The Open Group Exam OGB-001 Topic 1 Question 16 Discussion

Actual exam question for The Open Group's OGB-001 exam
Question #: 16
Topic #: 1
[All OGB-001 Questions]

Which of the following best describes what a business model is?

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Suggested Answer: A

The Business Model Canvas is a strategic management tool that allows to visualize and document the key elements of a business model on a single page. It consists of nine building blocks: customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure.According to Wikipedia3, The Business Model Canvas ''offers a visual chart with elements describing a firm's or product's value proposition ,4infrastructure, customers, and finances,1assisting businesses to align their activities by illustrating potential trade-offs.'' The image provided by the user is an example of a Business Model Canvas with icons representing each building block.


by Felix at Apr 13, 2024, 03:30 AM

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Belen
3 days ago
I think the answer is A) The rationale for how an organization creates, delivers and captures value.
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