📚 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 the Best Answer

A

Validation

B

Analysis

C

Simulation

D

Forecasting

Understanding the Answer

Let's break down why this is correct

Answer

In the Lean Startup Methodology, the process of testing key assumptions about a business idea through iterative experiments is called validated learning. It means you build a minimal product, measure real customer reactions, and then decide whether to keep, pivot, or stop the idea. Each experiment is designed to answer one specific hypothesis about customers, value, or cost. By repeating this cycle you reduce uncertainty and build only what customers actually want. For example, a startup might test whether people are willing to pay for a new app feature by releasing a simple prototype and tracking sign‑ups.

Detailed Explanation

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

Practice Similar Questions

Test your understanding with related questions

1
Question 1

In the context of the Lean Startup methodology, how do boundary conditions influence hypothesis testing and iterative development while managing risks effectively?

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2
Question 2

Lean startup methodology is to early-stage business development as scientific method is to __________.

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3
Question 3

A startup has implemented the lean startup methodology by continually testing their product ideas with potential customers before fully launching them. Which category does this approach belong to in terms of performance impact?

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Question 4

The lean startup methodology focuses on __________ to test business ideas and achieve better performance outcomes.

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5
Question 5

A startup is struggling to identify the right product-market fit and is considering adopting the lean startup methodology. After implementing iterative testing of their product hypotheses over six months, they notice a significant increase in customer engagement and sales. Which principle of the lean startup methodology most directly contributed to these results?

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6
Question 6

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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Practice
7
Question 7

Lean startup methodology is to early-stage business development as scientific method is to __________.

mediumBusiness
Practice
8
Question 8

A startup has implemented the lean startup methodology by continually testing their product ideas with potential customers before fully launching them. Which category does this approach belong to in terms of performance impact?

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Practice
9
Question 9

The lean startup methodology focuses on __________ to test business ideas and achieve better performance outcomes.

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Practice
10
Question 10

A startup is struggling to identify the right product-market fit and is considering adopting the lean startup methodology. After implementing iterative testing of their product hypotheses over six months, they notice a significant increase in customer engagement and sales. Which principle of the lean startup methodology most directly contributed to these results?

hardBusiness
Practice

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