Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose 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
Test your understanding with related questions
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Question 2How does the Lean Startup Methodology ensure the viability of a business idea during early development?
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Question 3Lean Startup Method : Enhanced Firm Performance :: Agile Methodology : ?
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Question 4A startup has implemented the lean startup methodology by continually testing their product ideas with potential customers before fully launching them. Which category does this approach belong to in terms of performance impact?
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Question 5The lean startup methodology focuses on __________ to test business ideas and achieve better performance outcomes.
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Question 6How does the Lean Startup methodology utilize customer feedback to enhance agile management and mitigate entrepreneurial risk?
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Question 7How does the Lean Startup methodology utilize validated learning and rapid prototyping to manage entrepreneurial risk, and what is its impact on performance outcomes?
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Question 8How does the Lean Startup Methodology ensure the viability of a business idea during early development?
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Question 9Lean Startup Method : Enhanced Firm Performance :: Agile Methodology : ?
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Question 10The lean startup methodology focuses on __________ to test business ideas and achieve better performance outcomes.
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