OGBA-101 · Question #35
Consider the following representation of a business model: Which of the following business models is this an example of?
The correct answer is B. The Four Box Framework. 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…
Question
Consider the following representation of a business model:
Which of the following business models is this an example of?
Exhibit
Options
- AThe Business Model Cube
- BThe Four Box Framework
- CThe Business Model Innovation factory
- DThe Business Model Canvas
How the community answered
(26 responses)- A4% (1)
- B73% (19)
- C15% (4)
- D8% (2)
Explanation
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.
Topics
Community Discussion
No community discussion yet for this question.
