
Quiz on Lean Startup and Business Ethics
Authored by Lian Cunanan
Other
12th Grade
Used 2+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of the Lean Startup approach?
To avoid customer feedback
To minimize product quality
To increase the likelihood of startup success
To create a large corporation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a principle of the Lean Startup?
Customer Satisfaction
Build-Measure-Learn
Validated Learning
Innovation Accounting
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a Minimum Viable Product (MVP) deliver?
A complex solution
The final version of a product
Customer value
A large profit margin
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the first step in the Lean Startup process?
Validating the Business Idea
Creating a Vision Statement
Executing the Business Idea
Finding the Business Idea
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a common reason startups fail?
The product is too cheap
The startup is too large
There are no customers
The product is too innovative
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of a Vision Statement?
To describe daily operations
To list product features
To outline financial goals
To define the desired end-state
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a characteristic of a Mission Statement?
It is only for internal use
It focuses on future goals
It describes the reason for existence
It is long and detailed
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?