Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Conducting a detailed market analysis using only secondary data
B
Launching a prototype of a new app and gathering user feedback for improvements
C
Writing a comprehensive business plan without any market testing
D
Attending a workshop on entrepreneurship without applying the concepts
Understanding the Answer
Let's break down why this is correct
Answer
Learning‑by‑doing means entrepreneurs discover what works by actually running the business, not just by planning. A founder who builds a simple app, launches it to a small group, and then tweaks features based on real feedback is learning by doing. Each iteration teaches what customers want and what costs arise, turning trial into knowledge. For example, a coffee‑shop owner who tests a new latte recipe, observes sales, and adjusts the blend each week is learning by doing. This hands‑on experimentation is the core of the learning‑by‑doing principle.
Detailed Explanation
Launching a prototype lets you see how real users react. Other options are incorrect because Doing a market analysis with only secondary data means you are only reading reports; Writing a business plan without testing keeps ideas in paper.
Key Concepts
Learning-by-Doing Techniques
Lean Startup Method
Entrepreneurial Experimentation
Topic
Learning-by-Doing Techniques
Difficulty
medium level question
Cognitive Level
understand
Practice Similar Questions
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Question 3Which of the following scenarios best exemplifies the application of learning-by-thinking methods in entrepreneurship?
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Question 6Which of the following examples best illustrates the principle of learning-by-doing in entrepreneurship?
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Question 7Which of the following best exemplifies the concept of learning-by-doing in a business context?
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Question 8Which of the following scenarios best exemplifies the application of learning-by-thinking methods in entrepreneurship?
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Question 10Which of the following statements accurately describe learning-by-doing techniques in entrepreneurship? Select all that apply.
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