Question

11) Jenna Franklin is completing the portion of the Barringer/Ireland Business Model Template that describes the most important costs that will be incurred to support her business model. Jenna is completing the structure box in the business model template. A) expense B) outlay C) overhead (D) cost E) payment 12) The Barringer/Ireland Business Model Canvas consists of _ major category(ies) and parts. A) 6; 18 B) 2; 6 C) 3,9 D) 4; 12 E) 1; 12 TRUE/FALSE. Write 'T' if the statement is true and F if the statement is false. 13) Disruptive business models are impactful enough that they disrupt or change the way business is conducted in an industry or an important niche within an industry.

Answer 1

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(11) Jenna Franklin is completing the portion of the Barringer/Ireland BusinessModel Template that describes the most important costs that will beincurred to support her business model. Jenna is completing the cost structure box in the business model template. (OPTION D)

(12) The Barringer / Ireland Business Model Template is slightly more comprehensive than the Business Model Canvas in that it consists of 4 major categories and 12 individual parts. (OPTION D)

(13) True - Disruptive business models : They are impactful enough that they disrupt or change the way business is conducted in an industry or an important niche within an industry. A new market disruption and a low-endmarket disruption are the 2 types of disruptive models. Disruptive business modelsare rare and ones that do not fit the profile of a standard businessmodel.

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