Learning Path
Question & Answer
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Continuous experimentation with customer feedback
Focusing on building a large product before launching
Reducing operational costs to increase profits
Relying solely on market research before product development
Understanding the Answer
Let's break down why this is correct
The startup kept trying new ideas and asked real users for feedback, then changed the product quickly. Other options are incorrect because The idea of waiting until a big, perfect product is finished is a common mistake; Cutting costs is a separate idea and does not directly make a product fit customers.
Key Concepts
Performance Impact of Lean Startup
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Deep Dive: Performance Impact of Lean Startup
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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.
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