810-440 · Question #59
Which tool is leveraged by Cisco business architects for describing, visualizing, assessing, and changing business models?
The correct answer is D. business model canvas. Cisco business architects leverage the Business Model Canvas as a strategic management tool to describe, visualize, assess, and change business models effectively.
Question
Which tool is leveraged by Cisco business architects for describing, visualizing, assessing, and changing business models?
Exhibit
Options
- Abusiness model visualization.
- Bbusiness model framework
- Cbusiness model agenda
- Dbusiness model canvas
How the community answered
(16 responses)- B6% (1)
- D94% (15)
Why each option
Cisco business architects leverage the Business Model Canvas as a strategic management tool to describe, visualize, assess, and change business models effectively.
"Business model visualization" is a generic term describing the act of visualizing, not a specific tool.
"Business model framework" is a broad category, not a specific tool with a defined structure.
"Business model agenda" refers to a list of topics or priorities related to a business model, not a tool for its description and analysis.
The Business Model Canvas is a well-known strategic management template used for developing new or documenting existing business models, providing a visual chart with elements describing a firm's or product's value proposition, infrastructure, customers, and finances. It is widely adopted in business architecture and innovation practices, including by professionals like Cisco business architects, to systematically analyze and design business models.
Concept tested: Business Model Canvas for business architecture
Source: https://www.strategyzer.com/canvas/business-model-canvas
Topics
Community Discussion
No community discussion yet for this question.
