ENTREP (MIDTERM2)
  • 1. A resort identifies high operational costs due to staff salaries and maintenance. Which component is being analyzed?
A) Cost Structure
B) Value proposition
C) Channels
D) Customer Segments
  • 2. A tour company uses social media platforms and online booking apps to reach international clients.
    This action mainly represents:
A) Channels
B) Cost structure
C) Value proposition
D) Key resources
  • 3. A hospitality startup earns income from room bookings, guided tours, and food services. This reflects:
A) Key activities
B) Customer relationships
C) Revenue streams
D) Cost structure
  • 4. A tourism business integrates all elements such as value, customers, and revenue into one coherent plan. This reflects:
A) Business model development
B) Operational planning
C) Cost minimization
D) Market segmentation
  • 5. A travel company enhances its offering by bundling services to create a unique experience compared to competitors. What does this improve?
A) Cost structure
B) Value proposition
C) Revenue streams
D) Key partnerships
  • 6. A business redesigns its model after discovering that its pricing does not match customer expectations. Which element is being adjusted?
A) Revenue streams
B) Customer segments
C) Channels
D) Key activities
  • 7. A student proposes a tourism business but fails to define who the customers are. Which component is missing?
A) Cost structure
B) Key activities
C) Channels
D) Customer segments
  • 8. A tourism startup aligns its target market, services, operations, and revenue sources before launching. What concept is demonstrated?
A) Financial forecasting
B) Creative thinking
C) Market observation
D) Integrated business model design
  • 9. A tourism entrepreneur develops a package that combines transportation, accommodation, and guided tours into one service to improve convenience for travelers. Which business model component is primarily strengthened?
A) Value proposition
B) Key partnerships
C) Cost structure
D) Customer relationships
  • 10. A resort targets digital nomads by offering long-stay packages with workspace amenities and high-speed internet. Which element of the business model is being refined?
A) Customer segments
B) Key activities
C) Revenue streams
D) Channels
  • 11. A tourism venture focuses on hiring trained guides and acquiring boats to operate tours. This refers to:
A) Key resources
B) Cost structure
C) Revenue streams
D) Channels
  • 12. A tour operator identifies young budget travelers as its primary market before designing services.
    Which component is addressed first?
A) Revenue streams
B) Value proposition
C) Customer segments
D) Key resources
  • 13. It describes how a business creates, delivers, and captures value.
A) Business plan
B) Business model
C) Business strategy
  • 14. What are you offering?
A) Create
B) Capture
C) Deliver
  • 15. How do you provide it?
A) Create
B) Capture
C) Deliver
  • 16. How do you earn profit?
A) Capture
B) Create
C) Deliver
  • 17. Avoids failure due to poor logic.
A) Strategic Planning
B) Differentiation
C) Sustainability
  • 18. Why should a traveler choose you?
A) Strategic Planning
B) Differentiation
C) Sustainability
  • 19. Ensures long-term profitability
A) Strategic planning
B) Sustainability
C) Differentiation
  • 20. Your unique selling point (e.g., Eco-friendly).
A) Channels
B) Customer segment
C) Value Proposition
  • 21. Your target audience (e.g., Backpackers).
A) Value Proposition
B) Channel
C) Customer Segments
  • 22. How you reach them (e.g., Instagram, OTAs).
A) Customer relationship
B) Customer Segments
C) Channels
D) Value proposition
  • 23. How you retain them (e.g., Loyalty programs).
A) Channels
B) Value proposition
C) Customer relationship
D) Customer segments
  • 24. Your income sources (e.g., Tour fees).
A) Revenue Streams
B) Key partnerships
C) Cost Structure
D) Key activities
  • 25. Assets required (e.g., Boats, staff).
A) Key Resources
B) Cost structure
C) Key activities
  • 26. Vital operations (e.g., Marketing).
A) Key partnerships
B) Key resources
C) Key activities
  • 27. Strategic allies (e.g., Local hotels).
A) Key activities
B) Key resources
C) Key partnerships
  • 28. Major expenses (e.g., Salaries, fuel).
A) Key activities
B) Key resources
C) Cost structure
  • 29. Affordable, safe, and curated island tours
A) Key partners
B) Value proposition
C) Revenue
  • 30. Certified guides, licensed vessels
A) Key activities
B) Key resources
C) Revenue
  • 31. Local vendors, transportation providers
A) Key partnerships
B) Resources
C) Value proposition
  • 32. Direct tour fees & add-on equipment rental
A) Revenue
B) Key partnerships
C) Key resources
  • 33. Be specific
A) Revenue
B) Differentiation
C) Target Market
  • 34. Be realistic
A) Revenue
B) Differentiation
C) Target market
  • 35. Be unique
A) Revenue
B) Differentiation
C) Target market
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