Learning Path
Question & Answer
Choose the Best Answer
Building a Minimum Viable Product (MVP)
Conducting comprehensive market research before any product development
Adopting a hypothesis-driven approach to testing assumptions
Iterating based on customer feedback
Focusing solely on long-term business planning
Understanding the Answer
Let's break down why this is correct
Building a MVP lets you test ideas quickly, a hypothesis‑driven test shows if assumptions are true, and using customer feedback guides the next steps. Other options are incorrect because Many people think you need deep market research before you make a product; Some believe you should focus only on long‑term planning.
Key Concepts
Lean Startup Methodology
medium level question
understand
Deep Dive: Lean Startup Methodology
Master the fundamentals
Definition
The lean startup method involves a learning-by-doing approach for iterating early-stage business ideas. It focuses on hypothesis-based probing and business idea convergence to reduce uncertainty and improve business viability. The method emphasizes testing key assumptions and team composition.
Topic Definition
The lean startup method involves a learning-by-doing approach for iterating early-stage business ideas. It focuses on hypothesis-based probing and business idea convergence to reduce uncertainty and improve business viability. The method emphasizes testing key assumptions and team composition.
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.