Gmetrix D3 - L1

One can expect their sales volume to be ____________ when they are in product/market fit.

• high

• decreased

• unchanged

• fluctuating

Product/market fit is making a product or __________________________ that many people want.

• idea

• prototype

• service

A business must provide customers with quality products to maintain customer ______________________. [Performance and Quality Criteria]

• satisfaction

• loyalty

• complaints

• dissatisfaction

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.

• Performance and Quality Criteria

• Prototype

• Initial Version

• Beta Release

In which stage should one develop a value hypothesis?

• Traction

• Idea

• Launch

• Traction

In which stage do sales gain momentum?

• traction stage

• introduction stage

• maturity stage

• decline stage

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

• a. Growth

• b. Development

• c. Prototype

• d. Deployment

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

• a. Idea Stage

• b. Growth Stage

• c. Maturity Stage

• d. Decline Stage

In which stage does one start to earn revenue?

• monetization stage

• development stage

• planning stage

• testing stage

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

• development stage

• idea stage

• launch stage

• growth stage