New Year Sale ! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

The Open Group Exam OGB-001 Topic 1 Question 24 Discussion

Actual exam question for The Open Group's OGB-001 exam
Question #: 24
Topic #: 1
[All OGB-001 Questions]

Consider the following representation of a business model:

Which of the following business models is This an example of?

Show Suggested Answer Hide Answer
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 Colette at Jul 10, 2024, 07:59 PM

Limited Time Offer

25%

Off

Get Premium OGB-001 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Tiara
4 months ago
I think it's D) The Business Model Innovation factory because of the innovative elements in the model.
upvoted 0 times
...
Filiberto
5 months ago
I'm not sure, but I think it could also be C) The Business Model Cube.
upvoted 0 times
...
Elly
5 months ago
I agree with James, it looks like The Business Model Canvas to me.
upvoted 0 times
...
James
5 months ago
I think it's A) The Business Model Canvas.
upvoted 0 times
...
Annett
5 months ago
Hmm, let's see. Lots of boxes, arrows, and buzzwords. Yep, this has to be the Business Model Canvas. Though I wonder if they had to use Comic Sans for the text. Really makes it pop, don't you think?
upvoted 0 times
...
Brandee
5 months ago
Business Model Innovation Factory? What is this, a startup accelerator? Nah, this is clearly the Business Model Canvas. Duh!
upvoted 0 times
Casie
5 months ago
Yeah, it's not the Business Model Innovation Factory, that's for sure.
upvoted 0 times
...
Juan
5 months ago
I agree, this is definitely the Business Model Canvas.
upvoted 0 times
...
...
Afton
5 months ago
The Business Model Cube? Really? This is way too simple for that complex framework. I'd say it's the Four Box Framework - nice and straightforward with the four main components.
upvoted 0 times
...
Teri
5 months ago
This looks like the Business Model Canvas to me. The nine key elements are all there - key partners, key activities, value proposition, customer relationships, channels, customer segments, cost structure, and revenue streams.
upvoted 0 times
Kanisha
4 months ago
The diagram aligns perfectly with the nine key elements of the Business Model Canvas.
upvoted 0 times
...
Frederic
4 months ago
Yes, it's a clear representation of the Business Model Canvas.
upvoted 0 times
...
Glendora
5 months ago
I think so too, all the key elements are present in the diagram.
upvoted 0 times
...
Alfreda
5 months ago
I agree, it definitely looks like the Business Model Canvas.
upvoted 0 times
...
...

Save Cancel