Learning Path
Question & Answer
Choose the Best Answer
hypothesis-based experimentation
extensive market research
traditional business planning
long-term forecasting
Understanding the Answer
Let's break down why this is correct
Lean startup uses short experiments to see if an idea works. Other options are incorrect because The idea that extensive research is key can make a team pause too long; Believing that detailed planning is necessary ignores the lean startup’s need to adapt quickly.
Key Concepts
Performance Impact of Lean Startup
easy level question
understand
Deep Dive: Performance Impact of Lean Startup
Master the fundamentals
Definition
The performance impact of lean startup methodology refers to the outcomes and results achieved by firms that adopt this approach. Post hoc analysis indicates a positive relationship between greater engagement with the lean startup method and improved firm performance over an 18-month period.
Topic Definition
The performance impact of lean startup methodology refers to the outcomes and results achieved by firms that adopt this approach. Post hoc analysis indicates a positive relationship between greater engagement with the lean startup method and improved firm performance over an 18-month period.
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.