Some outcomes of prototyping are:
A) Gaining new insights about an entrepreneurial opportunity
B) Demonstrate venture readiness to potential investors
C) Shorter time-to-market
D) a and c
E) All of the above
Correct Answer:
Verified
Q16: Generally, entrepreneurs move from one low fidelity
Q17: Introducing a new product or service involves
Q18: Prototyping can signal venture readiness to potential
Q19: Almost all new products require significant trial
Q20: Different prototypes may emphasize different product elements
Q22: Presenting a "Looks-like" prototype to the customer
Q23: Prototyping is helpful for testing products and
Q24: Prototyping is the process of quickly putting
Q25: Simulations are a great way to prototype
Q26: "Looks-like" prototypes are valuable to test market
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