ESB V2 Domain 3

One can expect their sales volume to be ______ when they are in product/market fit. (high or low)

Product/market fit is making a product or ____________ that many people want. (creating a price or service)

A business must provide customers with quality products to maintain customer _____________. (appreciation or satisfaction)

A Minimum Viable Product (MVP) is a ___________ used to test ease-of-use and functionality to help determine the user's experience and ultimately improve the user's experience with the product. (piece of equipment or prototype)

In which stage should one develop a value hypothesis?

• Growth

• Idea

• Traction

• Launch

• Prototype

In which stage do sales gain momentum?

• Growth

• Idea

• Traction

• Launch

• Monetization

In which stage is a Minimum Viable Product (MVP) created?

• Growth

• Idea

• Traction

• Launch

• Prototype

In what stage does one find their product/market fit?

• Growth

• Idea

• Traction

• Launch

• Monetization

In which stage does one start to earn revenue?

• Growth

• Idea

• Traction

• Launch

• Monetization

In which stage does one develop a concept for a product or service?

• Growth

• Idea

• Traction

• Launch

• Prototype