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Minimum Viable Product

7 practice questionsEntrepreneurshipStep-by-step solutions

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1

A minimum viable product is built mainly to do what?

A.Include every possible feature
B.Avoid customer feedback
C.Replace the business model
D.Test core assumptions with minimal features
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2

The main purpose of a Minimum Viable Product (MVP) is to:

A.Launch the most feature-complete product possible
B.Test key assumptions with real users using the least effort
C.Avoid talking to customers
D.Maximize upfront development cost
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3

The 'lean startup' methodology emphasizes a cycle of:

A.Build, measure, learn
B.Plan everything in advance, then launch once
C.Avoid customer feedback
D.Maximize features before launch
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