Practice Questions
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What is the primary focus of the Build-Measure-Learn loop in the Lean Startup Methodology?
The loop builds a small version of the product, tests it, and uses customer reactions to change the next version. Other options are incorrect because ...
In the Lean Startup Methodology, what is the primary purpose of the Build-Measure-Learn loop in relation to pivoting a startup's direction?
Build the smallest version of a product and release it quickly. Other options are incorrect because Some think the loop is mainly about creating a fin...
In the Lean Startup methodology, which of the following statements best describes the relationship between Minimum Viable Product (MVP) and Lean Analytics?
MVP is the simplest version of a product that can be released quickly. Other options are incorrect because The idea that MVP is the most advanced prod...
How do Lean Analytics and Innovation Accounting contribute to identifying and engaging Early Adopters in the Lean Startup Methodology?
Lean Analytics and Innovation Accounting focus on real data, not guesses. Other options are incorrect because Tracking only money misses who wants the...
In the context of the Lean Startup Methodology, which of the following best describes the role of early adopters in the Build-Measure-Learn loop when developing a Minimum Viable Product (MVP)?
Early adopters are the first users to test the MVP. Other options are incorrect because Some think early adopters wait until a larger audience is read...
How does the Lean Startup Methodology ensure the viability of a business idea during early development?
The Lean Startup uses small, controlled tests to see if a product idea works with real users. Other options are incorrect because Thinking that a lot ...
If a startup consistently fails to achieve product-market fit despite multiple iterations, what is the most likely underlying cause?
When a team does not test its ideas, it misses clues about what customers want. Other options are incorrect because Many think a big market makes it h...
A startup team is developing a new app and decides to conduct a series of customer interviews to validate their assumptions about user needs before building the product. Which category best describes this approach?
The team is testing ideas by asking real users what they want. Other options are incorrect because The mistake is thinking this is just market trend a...
In the Lean Startup Methodology, the process of testing key assumptions about a business idea through iterative experiments is referred to as __________.
In Lean Startup, you set up tiny tests to see if an idea works with real people. Other options are incorrect because People think analysis is the same...
Which of the following are key principles of the Lean Startup Methodology? Select all that apply.
Building a MVP lets you test ideas quickly, a hypothesis‑driven test shows if assumptions are true, and using customer feedback guides the next steps....
Lean startup methodology is to early-stage business development as scientific method is to __________.
Lean startup uses trial and error to test ideas. Other options are incorrect because Looking only at past events does not test new ideas; Arguing abou...
A tech startup has developed a new app aimed at helping users manage their time more effectively. After a few months of development, they decide to launch a beta version to a small group of users. During this phase, they receive mixed feedback about the app's functionality and user interface. Applying the Lean Startup Methodology, what should be their next step to ensure the app meets the needs of their target audience?
Talking directly to beta users lets the team see which parts of the app help or hinder them. Other options are incorrect because Skipping user voices ...
In the Lean Startup Methodology, what is the primary purpose of hypothesis-based probing?
Test early ideas. Other options are incorrect because Many think a solid plan before launching is needed; Some believe feedback comes only after launc...
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