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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…

Business Strategy

Question

Consider the following representation of a business model:

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

Exhibit

OGBA-101 question #35 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)
  • A
    4% (1)
  • B
    73% (19)
  • C
    15% (4)
  • D
    8% (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

#Four Box Framework#business models#strategic frameworks#business model canvas

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