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