Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Creating a detailed business plan
B
Developing a product based on customer feedback
C
Conducting extensive market research
D
Hiring a large team for product development
Understanding the Answer
Let's break down why this is correct
Answer
The Build‑Measure‑Learn loop is all about testing an idea quickly to see if it works. First, you build a very small version of your product—just enough to try out a key assumption. Then you measure how people actually use it or respond, collecting real data. Next you learn from that data, deciding whether to keep the idea, change it, or stop it. For example, a startup might build a simple landing page, measure sign‑ups, and learn whether the marketing message attracts customers.
Detailed Explanation
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 Many people think the loop is about drafting a long business plan, but the loop focuses on action instead of paperwork; Some think the loop demands lots of market research, but the loop relies on real customer data instead.
Key Concepts
Build-Measure-Learn Loop
Topic
Lean Startup Methodology
Difficulty
easy level question
Cognitive Level
understand
Practice Similar Questions
Test your understanding with related questions
1
Question 1In the Lean Startup Methodology, what is the primary purpose of the Build-Measure-Learn loop in relation to pivoting a startup's direction?
mediumBusiness
Practice
2
Question 2In 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)?
hardBusiness
Practice
3
Question 3In the Lean Startup Methodology, what is the primary purpose of hypothesis-based probing?
easyBusiness
Practice
4
Question 4The lean startup methodology focuses on __________ to test business ideas and achieve better performance outcomes.
easyBusiness
Practice
5
Question 5What is the primary focus of the Build-Measure-Learn loop in the Lean Startup Methodology?
easyBusiness
Practice
6
Question 6In the Lean Startup Methodology, what is the primary purpose of the Build-Measure-Learn loop in relation to pivoting a startup's direction?
mediumBusiness
Practice
7
Question 7In 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)?
hardBusiness
Practice
8
Question 8In the Lean Startup Methodology, what is the primary purpose of hypothesis-based probing?
easyBusiness
Practice
9
Question 9The lean startup methodology focuses on __________ to test business ideas and achieve better performance outcomes.
easyBusiness
Practice
Ready to Master More Topics?
Join thousands of students using Seekh's interactive learning platform to excel in their studies with personalized practice and detailed explanations.