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ENTREP (MIDTERM2)
Contributed by: Banog
  • 1. A resort identifies high operational costs due to staff salaries and maintenance. Which component is being analyzed?
A) Cost Structure
B) Channels
C) Customer Segments
D) Value proposition
  • 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) Customer relationships
C) Revenue streams
D) Key activities
  • 4. A tourism business integrates all elements such as value, customers, and revenue into one coherent plan. This reflects:
A) Cost minimization
B) Business model development
C) Operational planning
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) Revenue streams
B) Key partnerships
C) Value proposition
D) Cost structure
  • 6. A business redesigns its model after discovering that its pricing does not match customer expectations. Which element is being adjusted?
A) Channels
B) Revenue streams
C) Key activities
D) Customer segments
  • 7. A student proposes a tourism business but fails to define who the customers are. Which component is missing?
A) Channels
B) Key activities
C) Cost structure
D) Customer segments
  • 8. A tourism startup aligns its target market, services, operations, and revenue sources before launching. What concept is demonstrated?
A) Creative thinking
B) Market observation
C) Financial forecasting
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) Key partnerships
B) Cost structure
C) Value proposition
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) Channels
D) Revenue streams
  • 11. A tourism venture focuses on hiring trained guides and acquiring boats to operate tours. This refers to:
A) Cost structure
B) Key resources
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) Customer segments
B) Value proposition
C) Revenue streams
D) Key resources
  • 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) Create
B) Deliver
C) Capture
  • 15. How do you provide it?
A) Deliver
B) Capture
C) Create
  • 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) Differentiation
B) Sustainability
C) Strategic Planning
  • 19. Ensures long-term profitability
A) Strategic planning
B) Differentiation
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) Customer Segments
B) Channels
C) Customer relationship
D) Value proposition
  • 23. How you retain them (e.g., Loyalty programs).
A) Customer segments
B) Channels
C) Customer relationship
D) Value proposition
  • 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 resources
B) Key activities
C) Key partnerships
  • 27. Strategic allies (e.g., Local hotels).
A) Key activities
B) Key partnerships
C) Key resources
  • 28. Major expenses (e.g., Salaries, fuel).
A) Key resources
B) Key activities
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 resources
B) Revenue
C) Key activities
  • 31. Local vendors, transportation providers
A) Resources
B) Value proposition
C) Key partnerships
  • 32. Direct tour fees & add-on equipment rental
A) Key partnerships
B) Key resources
C) Revenue
  • 33. Be specific
A) Target Market
B) Differentiation
C) Revenue
  • 34. Be realistic
A) Revenue
B) Target market
C) Differentiation
  • 35. Be unique
A) Target market
B) Revenue
C) Differentiation
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