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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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Learning Path
Learning Path

Question & Answer
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Choose AnswerChoose 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

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

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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