A startup is developing a new app for project management. They want to build a version of the app with only the essential features to gather user feedback. What concept does this align with?*1 pointLean AnalyticsScalingMinimum Viable Product (MVP)Agile Development

A startup wants to test if there's demand for their new mobile app. What Lean Startup approach suggests creating a simple version of the app to gauge interest?*1 pointCustomer SegmentationMinimum Viable Product (MVP)A/B TestingBusiness Model Innovation

A startup is building an MVP for a social networking app. What should they focus on when developing the MVP to gather essential user feedback?*1 pointComprehensive user profiles and advanced privacy settingsA basic interface for creating and viewing profilesImplementing complex algorithms for matching usersLaunching with multiple advanced features

A startup is releasing frequent product updates based on user feedback. Which Lean Startup principle is being applied?*1 pointPersevereMinimum Viable Product (MVP)Continuous DeploymentBusiness model innovation

A software startup has encountered significant technical challenges that are delaying the product's development. What Lean Startup concept encourages the team to evaluate their approach in this situation?*1 pointLean CanvasMinimum Viable Product (MVP)Pivot or PersevereContinuous Deployment

A startup is planning to create an MVP for a new e-commerce platform. What is the primary purpose of building an MVP in this context?*1 pointTo maximize revenue from day oneTo demonstrate a polished final productTo validate assumptions with minimal resourcesTo launch a fully-featured platform