📚 Learning Guide
Lean Startup Methodology
easy

In the Lean Startup Methodology, the process of testing key assumptions about a business idea through iterative experiments is referred to as __________.

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Learning Path
Learning Path

Question & Answer
1
Understand Question
2
Review Options
3
Learn Explanation
4
Explore Topic

Choose AnswerChoose the Best Answer

A

Validation

B

Analysis

C

Simulation

D

Forecasting

Understanding the Answer

Let's break down why this is correct

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 as testing because both use data; Simulation sounds like it tests the idea, but it only models outcomes in a computer.

Key Concepts

Lean Startup Methodology
Hypothesis Testing
Iterative Development
Topic

Lean Startup Methodology

Difficulty

easy level question

Cognitive Level

understand

Deep Dive: Lean Startup Methodology

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Definition
Definition

The lean startup method involves a learning-by-doing approach for iterating early-stage business ideas. It focuses on hypothesis-based probing and business idea convergence to reduce uncertainty and improve business viability. The method emphasizes testing key assumptions and team composition.

Topic Definition

The lean startup method involves a learning-by-doing approach for iterating early-stage business ideas. It focuses on hypothesis-based probing and business idea convergence to reduce uncertainty and improve business viability. The method emphasizes testing key assumptions and team composition.

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