The loop of building, measuring and then learning is called the:
ABuild-measure-learn loop
BBuild-market-launch loop
CBuy-measure-lease loop
DBid-measure-list loop
Answer & Solution
Correct answer: A. Build-measure-learn loop
1. Three steps repeat in order.
2. Each cycle teaches something new.
3. It is the build-measure-learn loop.
_Source: OpenStax Entrepreneurship, Chapter 10, Launching the Imperfect Business: Lean Startup._
Related questions
The lean startup approach is described as a new way to develop and:Building an elaborate product before testing demand risks:The loop helps entrepreneurs learn whether there is a need to:A basic platform released to early adopters serves mainly to:According to that method, an MVP can be the bare minimum needed to help people:The step-by-step approach advocated covers how to manoeuvre a startup, change course and:Many companies waste effort on ideas that seem great in theory but:The lean startup method aims to develop products people want in a: