ESB Certification Exam Questions and
Answers 100% Correct | Updated 2024
One can expect their sales volume to be ______ when they are in product/market
fit. [Elements of the Product/Market Fit Hypothesis] - ANSWER high
Product/market fit is making a product or ________ that many people want.
[Elements of the Product/Market Fit Hypothesis] - ANSWER service
A business must provide customers with quality products to maintain customer
__________. [Performance and Quality Criteria] - ANSWER 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. [Performance and Quality Criteria] -
ANSWER prototype
In which stage should one develop a value hypothesis? - ANSWER Launch
In which stage do sales gain momentum? - ANSWER Traction
In which stage is a Minimum Viable Product (MVP) created? - ANSWER
Prototype
In what stage does one find their product/market fit? - ANSWER Growth
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