What is the main benefit of creating a minimum viable product?
Answer and explanation
Correct answer: कम साधनों से ग्राहक प्रतिक्रिया जल्दी मिलती है
A minimum viable product contains enough essential features to test a proposed solution with real users without first spending heavily on a complete version. Their feedback helps the entrepreneur learn, identify defects and decide what to improve. An MVP does not guarantee market dominance, remove every risk or replace legal and safety obligations.
Frequently asked questions
What is the correct answer to this question?
कम साधनों से ग्राहक प्रतिक्रिया जल्दी मिलती है
Why is this the correct answer?
A minimum viable product contains enough essential features to test a proposed solution with real users without first spending heavily on a complete version. Their feedback helps the entrepreneur learn, identify defects and decide what to improve. An MVP does not guarantee market dominance, remove every risk or replace legal and safety obligations.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
