ESB Domain 3 Flashcard

Front

What does it mean for standards to be measurable?

Back

Measurable standards are those that can be quantified or assessed through specific criteria, allowing for evaluation of performance or outcomes.

Front

Why is testing a prototype important in product development?

Back

Testing a prototype helps identify design flaws, gather user feedback, and ensure the product meets quality standards before mass production.

Front

What is the primary function of fulfillment centers?

Back

Fulfillment centers strategically store a company's products to ensure they can be quickly picked up and sent out to customers, enhancing shipping efficiency.

Front

What is a Minimum Viable Product (MVP)?

Back

An MVP is a basic version of a product that includes only the essential features needed to satisfy early adopters and gather feedback for future development.

Front

What does 'traction' refer to in the context of product/market fit?

Back

Traction refers to the stage where a product gains significant user engagement and sales, indicating that it meets market needs effectively.

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What is the significance of customer surveys in product quality assurance?

Back

Customer surveys provide valuable insights and suggestions that can help improve product quality and customer satisfaction.

Front

What is the difference between a prototype and a final product?

Back

A prototype is an early model used for testing and feedback, while a final product is the completed version ready for market release.

Front

How do fulfillment centers impact shipping times?

Back

Fulfillment centers are designed to optimize storage and distribution, allowing for faster shipping times compared to traditional storage methods.

Front

What are the key stages of product/market fit?

Back

The key stages include Idea, Prototype, Launch, Growth, and Traction, each representing a phase in the product development and market introduction process.

Front

What role does research play in setting standards?

Back

Research helps inform the development of standards by providing data and insights that ensure they are relevant, effective, and achievable.