📚 Learning Guide
Performance Impact of Lean Startup
hard

How does the Lean Startup methodology utilize customer feedback to enhance agile management and mitigate entrepreneurial risk?

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Choose the Best Answer

A

By relying solely on market research before launching a product

B

By implementing a rigid development process to ensure perfection before release

C

By using rapid prototyping and iterative development based on customer insights

D

By avoiding customer interaction until the final product is ready

Understanding the Answer

Let's break down why this is correct

Answer

The Lean Startup method treats every customer interaction as a data point that tells whether a product idea works, so teams constantly test hypotheses with real users. By launching small, minimum‑viable versions and measuring how customers actually use them, founders learn what features matter and what problems still exist. This rapid feedback loop lets teams pivot or persevere quickly, keeping the product roadmap flexible and aligned with real needs. Because decisions are based on evidence rather than guesswork, the risk of building something nobody wants is cut dramatically. For example, a startup that tests a simple signup page first can discover that users prefer a single‑click sign‑up, then re‑design the flow before investing in full‑blown authentication systems.

Detailed Explanation

Lean Startup builds quick versions of a product, then checks how real people use it. Other options are incorrect because Assuming that detailed market research alone can replace actual user testing is a mistake; A strict, step‑by‑step schedule sounds orderly, but it blocks quick changes.

Key Concepts

customer feedback
agile management
entrepreneurial risk management
Topic

Performance Impact of Lean Startup

Difficulty

hard level question

Cognitive Level

understand

Practice Similar Questions

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