Which of the following statements about a minimum viable product (MVP) is true?
A) It is always the preferred way to gauge customer interest in a product.
B) It is an excellent way to gauge customer interest for all types of products.
C) The goal of the MVP is to attract initial customers who can guide the direction of the product .
D) It is the least valuable if your product concept adopts incremental innovation.
E) If early adopters don't like your MVP, it typically means that the product is not viable.
Correct Answer:
Verified
Q34: An issue to consider in the _
Q35: Which of the following is a technical
Q36: Customer identification or discovery, customer validation and
Q37: Which of the following goes hand in
Q38: All of the following are results of
Q40: Which of the following does customer identification
Q41: Briefly discuss the impact of technology on
Q42: Briefly discuss the benefits of outsourcing product
Q43: What are the eight tasks of the
Q44: Discuss five common problems that result from
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents