MBA Entrepreneurship Lean Startup — practice questions
22 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice MBA Entrepreneurship Lean Startup in the app →The entrepreneur who developed the lean startup methodology after his first company closed was:The creator of the customer development methodology behind that movement was:The loop of building, measuring and then learning is called the:A very early prototype carrying only the core benefits is a:The people who try that earliest version are described as:A lean startup begins by building a product that has:Dropbox first showed potential customers a short:That Dropbox example shows that businesses can function without being:The crucial change a company makes to test a new direction is called a:After the loop, a company either pivots or:The second company Eric Ries created was:That avatar platform is also described as a:When their first customers disappeared, the founders decided to start:Despite bugs that could crash users' computers, Ries was determined to:The lean startup method aims to develop products people want in a:Many companies waste effort on ideas that seem great in theory but:The step-by-step approach advocated covers how to manoeuvre a startup, change course and:According to that method, an MVP can be the bare minimum needed to help people:A basic platform released to early adopters serves mainly to:The loop helps entrepreneurs learn whether there is a need to:Building an elaborate product before testing demand risks:The lean startup approach is described as a new way to develop and: