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The Open Group OGB-001 Exam - Topic 3 Question 55 Discussion

Consider the following representation of a business model:Which of the following business models is This an example of?
A) The Business Model Canvas
B) The Four Box Framework
C) The Business Model Cube
D) The Business Model Innovation factory

The Open Group OGB-001 Exam - Topic 3 Question 55 Discussion

Actual exam question for The Open Group's OGB-001 exam
Question #: 55
Topic #: 3
[All OGB-001 Questions]

Consider the following representation of a business model:

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

Show Suggested Answer Hide Answer
Suggested Answer: A

The Business Model Canvas is a strategic management tool that allows to visualize and document the key elements of a business model on a single page. It consists of nine building blocks: customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure.According to Wikipedia3, The Business Model Canvas ''offers a visual chart with elements describing a firm's or product's value proposition ,4infrastructure, customers, and finances,1assisting businesses to align their activities by illustrating potential trade-offs.'' The image provided by the user is an example of a Business Model Canvas with icons representing each building block.


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