What is the version of a new product which allows a team to collect the maximum amount of validated learning about the customer with the least effort?
A)minimum valuable product
B)minimum viable product
C)minimum prototype
D)rapid prototype

Question

Quizplus · Accepted Answer

The term "minimum viable product" (MVP) refers to a version of a new product that allows a team to collect the maximum amount of validated learning about the customer with the least effort. It is the smallest possible product that can be released to the market, while still providing value to early adopters and gathering feedback for future iterations. Option A, "minimum valuable product," is not a commonly used term and may not accurately describe the concept. Option C, "minimum prototype," is also not a commonly used term and does not specifically relate to the concept of gathering validated learning about the customer. Option D, "rapid prototype," refers to quickly producing a physical or digital model of a product for the purpose of testing and validating its design, but does not necessarily relate to validating customer needs and desires through a market release.

What Is the Version of a New Product Which Allows