AFM 132 EXAM QUESTIONS AND ANSWERS WITH
COMPLETE SOLUTIONS GRADED A++ LATEST UPDATE
At the surface, a business model can suggest how a company intends to make
money.
True
Decisions made around marketing, operations, human resources, finances, and
accounting, will vary at the following business stages, EXCEPT:
survival
At a high level, the Business Model Canvas considers all of the following,
EXCEPT:
classifying value
All of the following building blocks of the Business Model Canvas look at
delivering value, EXCEPT:
key revenues
Patents cover new inventions or improvements to existing inventions, and gives
the inventor the right to stop others from making the invention for the period of a
patent which is typically 50 years.
False
Variable costs are those that stay constant even if production levels for a product
increase.
False
, An artistic entrepreneur has developed an original song for a product launch, and
wants to protect their rights on use of the song. They should consider the use of
____________.
copyright
A key partner for an auto manufacturer would include all of the following,
EXCEPT:
their CEO
If Netflix were to add a pay-per-view service where a customer could gain access
to watch an exclusive concert within a 24 hour period by paying $5, this would be
considered a ____________.
transactional revenue stream
A value proposition for Uber, a ridesharing service that competes with taxis and
public transit, would include all of the following, EXCEPT:
Uber's stance on political issues
The maturity stage follows the ____________ stage of the product life cycle.
growth
Marketing intermediaries include the following, EXCEPT:
producers
An example of primary research data is:
observation
The following represent characteristics of customers in the B2B market, EXCEPT:
shorter decision-making process
COMPLETE SOLUTIONS GRADED A++ LATEST UPDATE
At the surface, a business model can suggest how a company intends to make
money.
True
Decisions made around marketing, operations, human resources, finances, and
accounting, will vary at the following business stages, EXCEPT:
survival
At a high level, the Business Model Canvas considers all of the following,
EXCEPT:
classifying value
All of the following building blocks of the Business Model Canvas look at
delivering value, EXCEPT:
key revenues
Patents cover new inventions or improvements to existing inventions, and gives
the inventor the right to stop others from making the invention for the period of a
patent which is typically 50 years.
False
Variable costs are those that stay constant even if production levels for a product
increase.
False
, An artistic entrepreneur has developed an original song for a product launch, and
wants to protect their rights on use of the song. They should consider the use of
____________.
copyright
A key partner for an auto manufacturer would include all of the following,
EXCEPT:
their CEO
If Netflix were to add a pay-per-view service where a customer could gain access
to watch an exclusive concert within a 24 hour period by paying $5, this would be
considered a ____________.
transactional revenue stream
A value proposition for Uber, a ridesharing service that competes with taxis and
public transit, would include all of the following, EXCEPT:
Uber's stance on political issues
The maturity stage follows the ____________ stage of the product life cycle.
growth
Marketing intermediaries include the following, EXCEPT:
producers
An example of primary research data is:
observation
The following represent characteristics of customers in the B2B market, EXCEPT:
shorter decision-making process
