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Question 15 (4 points) The Channels Building Block in Lean Canvas describes how a company communicate with and reaches its Supplier Segments to deliver a

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Question 15 (4 points) The Channels Building Block in Lean Canvas describes how a company communicate with and reaches its Supplier Segments to deliver a Value Proposition. True False Question 16 (4 points) Understanding the customer Segment is critical to designing a profitable business model True False Question 17 (4 points) Customer segments represent different groups is they they are reached through different distribution channels. True False Question 18 (4 points) 3-D printing can be an effective way to rapidly build a prototype of a new product. True False Question 19 (4 points) In the Lean Canvas analysis system, the Key Activities Building Block describes the most important things a company must do to make its business model work. True False Question 20 (4 points) In the Lean Canvas analysis tool, PROBLEM refers to O problems the proposed firm is trying to solve O problems that cannot be solved O problems the firm has shortages of time and money Question 21 (4 points) According to Peter Thiel, new technology tends to come from the need to replace old technology startups the failure of old ideas improvements on old technology Question 22 (4 points) Peter Thiel says that the 1990's had a very bad image True False Question 23 (4 points) PayPal was part of the internet mania of the late 1990's True False Question 24 (4 points) According to Thiel, In business money is either an important thing, or it is everything True False Question 25 (4 points) According to Peter Thiel, All Happy Companies are Different. True False

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