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 is all about creating a small, usable version of a product, testing it with real users, and then using the results to improve. Other options are incorrect because Many think a long business plan is the key, but the loop is not about drafting documents; Some believe that deep market research drives the loop, but research happens before the loop starts.
Key Concepts
Build-Measure-Learn Loop
Topic
Lean Startup Methodology
Difficulty
easy level question
Cognitive Level
understand
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Question 3In 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)?
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