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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) Value proposition
D) Customer Segments
  • 2. A tour company uses social media platforms and online booking apps to reach international clients.
    This action mainly represents:
A) Cost structure
B) Key resources
C) Value proposition
D) Channels
  • 3. A hospitality startup earns income from room bookings, guided tours, and food services. This reflects:
A) Cost structure
B) Key activities
C) Revenue streams
D) Customer relationships
  • 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) Key partnerships
B) Revenue streams
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) Customer segments
B) Key activities
C) Revenue streams
D) Channels
  • 7. A student proposes a tourism business but fails to define who the customers are. Which component is missing?
A) Channels
B) Customer segments
C) Cost structure
D) Key activities
  • 8. A tourism startup aligns its target market, services, operations, and revenue sources before launching. What concept is demonstrated?
A) Creative thinking
B) Financial forecasting
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) Customer relationships
C) Key partnerships
D) Cost structure
  • 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) Channels
B) Customer segments
C) Key activities
D) Revenue streams
  • 11. A tourism venture focuses on hiring trained guides and acquiring boats to operate tours. This refers to:
A) Channels
B) Key resources
C) Cost structure
D) Revenue streams
  • 12. A tour operator identifies young budget travelers as its primary market before designing services.
    Which component is addressed first?
A) Key resources
B) Customer segments
C) Revenue streams
D) Value proposition
  • 13. It describes how a business creates, delivers, and captures value.
A) Business plan
B) Business strategy
C) Business model
  • 14. What are you offering?
A) Deliver
B) Capture
C) Create
  • 15. How do you provide it?
A) Capture
B) Create
C) Deliver
  • 16. How do you earn profit?
A) Capture
B) Create
C) Deliver
  • 17. Avoids failure due to poor logic.
A) Differentiation
B) Strategic Planning
C) Sustainability
  • 18. Why should a traveler choose you?
A) Sustainability
B) Strategic Planning
C) Differentiation
  • 19. Ensures long-term profitability
A) Differentiation
B) Strategic planning
C) Sustainability
  • 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 Segments
B) Channels
C) Customer relationship
D) Value proposition
  • 23. How you retain them (e.g., Loyalty programs).
A) Customer relationship
B) Channels
C) Customer segments
D) Value proposition
  • 24. Your income sources (e.g., Tour fees).
A) Key partnerships
B) Cost Structure
C) Key activities
D) Revenue Streams
  • 25. Assets required (e.g., Boats, staff).
A) Key Resources
B) Cost structure
C) Key activities
  • 26. Vital operations (e.g., Marketing).
A) Key resources
B) Key partnerships
C) Key activities
  • 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) Cost structure
C) Key activities
  • 29. Affordable, safe, and curated island tours
A) Value proposition
B) Key partners
C) Revenue
  • 30. Certified guides, licensed vessels
A) Revenue
B) Key resources
C) Key activities
  • 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) Target Market
B) Differentiation
C) Revenue
  • 34. Be realistic
A) Differentiation
B) Target market
C) Revenue
  • 35. Be unique
A) Revenue
B) Differentiation
C) Target market
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