The Open Group Exam OGBA-101 Topic 1 Question 24 Discussion

Actual exam question for The Open Group's OGBA-101 exam

Question #: 24
Topic #: 1

[All OGBA-101 Questions]

Consider the following representation of a business model:

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

AThe Business Model Cube

BThe Four Box Framework

CThe Business Model Innovation factory

Show Suggested Answer

Suggested Answer: B

The provided representation of a business model appears to be a variant of the Business Model Canvas, which is a strategic management template for developing new or documenting existing business models. It is a visual chart with elements describing a firm's value proposition, infrastructure, customers, and finances. The model assists firms in aligning their activities by illustrating potential trade-offs. Since none of the options precisely match the Business Model Canvas and the Four Box Framework is conceptually closest to the Business Model Canvas, option B is the best available answer, albeit not a perfect match.

by Patrick at Jul 17, 2024, 11:05 PM

Limited Time Offer

25%

Off

Get Premium OGBA-101 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Catalina

4 months ago

Ah, the Business Model Cube. Sounds like a fancy Rubik's Cube for accountants. I'll stick with the good old Business Model Canvas, thank you very much.

upvoted 0 times

Bethanie

3 months ago

The Four Box Framework is also a popular choice for analyzing business models.

upvoted 0 times

...

Kristeen

3 months ago

I prefer the simplicity of the Business Model Canvas myself.

upvoted 0 times

...

Lashawn

3 months ago

The Business Model Cube is a different approach to visualizing business models.

upvoted 0 times

...

Sylvie

4 months ago

The Business Model Innovation factory? What kind of hipster nonsense is that? This is clearly the classic Business Model Canvas, the bread and butter of entrepreneurship.

upvoted 0 times

Anglea

3 months ago

The Business Model Cube seems like a more complex version of the canvas.

upvoted 0 times

...

Alaine

3 months ago

The Four Box Framework is also a common business model representation.

upvoted 0 times

...

Shawnta

3 months ago

Yeah, the Business Model Innovation factory sounds like a made-up term.

upvoted 0 times

...

Pearline

3 months ago

I agree, this is definitely the classic Business Model Canvas.

upvoted 0 times

...

Elfriede

4 months ago

I think it could be the Business Model Innovation factory, based on the components shown.

upvoted 0 times

...

Eleonore

4 months ago

Hey, at least the Business Model Innovation factory sounds more fun than crunching numbers all day. Though I'd probably still get lost trying to figure out this canvas thing.

upvoted 0 times

...

Chaya

4 months ago

You know, this Business Model Canvas kind of reminds me of those old school TV guide grids. Except instead of sitcoms, it's all about value propositions and revenue streams. Much more boring, if you ask me.

upvoted 0 times