The Business Model Canvas Focuses on How the Venture Creates

question 44

True/False

The Business model canvas focuses on how the venture creates value for customers and the owners

---

Definitions:

State

Refers to a politically organized body of people usually occupying a definite territory; especially, one that is sovereign.

Bait-And-Switch

A deceitful sales tactic where a customer is lured by an advertisement for a low-priced item but then is persuaded to buy a more expensive one.

Advertise

The act of promoting products, services, or brands to potential customers through various media.

Expensive Item

An object that is high in price or costs a significant amount of money, often implying it is of high quality or value.