16. Which of the following is not an element in the Business Model Canvas?
A. Value Proposition
B. Core competencies
C. Key Resources
D. Key Processes
Answers
Answer:
B) Core competencies.
Explanation:
Hope it helps.
Answer:
The option among the given ones, which is not an element in the Business Model Canvas is the term Core Competencies. Therefore, the correct answer would be B. Core competencies.
Explanation:
A business model describes the motive of ways an agency creates, delivers, and captures value. Entrepreneurs want to expand and refine a business model for themselves as they are searching for readability approximately what they may be doing, and additionally for discussing with colleagues, partners, and different stakeholders. Moreover, this business model will assist them to perceive possibilities of their inner and outside environment.
The business model canvas covers the 4 major regions of any venture: customers, offering, infrastructure, and economic viability. There are 9 constructing blocks that describe and examine a business model: purchaser segments, value propositions, channels, purchaser relationships, revenue streams, key resources, key activities, key partnerships, and cost structure.