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Performance Impact of Lean Startup
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Lean Startup Method : Enhanced Firm Performance :: Agile Methodology : ?

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Learning Path
Learning Path

Question & Answer
1
Understand Question
2
Review Options
3
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4
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Choose AnswerChoose the Best Answer

A

Increased Customer Satisfaction

B

Higher Product Prices

C

Reduced Employee Turnover

D

More Rigid Processes

Understanding the Answer

Let's break down why this is correct

Agile teams focus on short cycles and listening to customers. Other options are incorrect because Some think Agile pushes higher prices because teams can deliver fast; A common mistake is to see Agile as a tool to keep staff happy.

Key Concepts

Lean Startup Methodology
Agile Methodology
Customer Feedback
Topic

Performance Impact of Lean Startup

Difficulty

easy level question

Cognitive Level

understand

Deep Dive: Performance Impact of Lean Startup

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Definition
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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