The crucial change a company makes to test a new direction is called a:
APillar
BPledge
CPivot
DPilot
Answer & Solution
Correct answer: C. Pivot
1. It comes after going through the loop.
2. The alternative is to accelerate.
3. It is a pivot.
_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: