CCS-MCQ-2


  1. What is the initial stage of product development where entrepreneurs generate ideas for new products or services? a) Market Research b) Prototyping c) Idea Generation d) Minimum Viable Product (MVP)

    Answer: c) Idea Generation

  2. What is the purpose of conducting market research in product development? a) Refining the idea b) Creating the final product c) Building prototypes d) Ignoring customer feedback

    Answer: a) Refining the idea

  3. Which stage of product development involves creating a preliminary version of the product to test feasibility and gather feedback? a) Iterative Development b) Market Research c) Prototyping d) MVP Development

    Answer: c) Prototyping

  4. What is the simplest version of a product that contains enough features to satisfy early adopters? a) Market Research b) Agile Methodology c) MVP (Minimum Viable Product) d) Scalability

    Answer: c) MVP (Minimum Viable Product)

  5. Which methodology emphasizes collaboration, flexibility, and responsiveness to change in product development? a) Traditional Waterfall Methodology b) Agile Methodology c) Lean Startup Methodology d) Prototype Methodology

    Answer: b) Agile Methodology

  6. What aspect of product development focuses on creating products that are intuitive, user-friendly, and provide a positive user experience? a) User-Centric Design b) Market Research c) Cross-Functional Collaboration d) Scalability

    Answer: a) User-Centric Design

  7. Which stage of product development involves collaboration across various functions within the startup, such as engineering, design, marketing, and sales? a) Market Research b) Prototyping c) Iterative Development d) Cross-Functional Collaboration

    Answer: d) Cross-Functional Collaboration

  8. What is the ongoing process of gathering user feedback, tracking metrics, and identifying areas for improvement in product development? a) Agile Methodology b) Continuous Improvement c) User-Centric Design d) Prototyping

    Answer: b) Continuous Improvement

  9. As startups grow, what consideration ensures that their products can accommodate increasing demand and evolving business requirements? a) Agile Methodology b) Market Research c) Scalability d) Prototyping

    Answer: c) Scalability

  10. What is the primary goal of product development in startups? a) Maximizing profits b) Achieving market dominance c) Delivering value to customers d) Rapid expansion

Answer: c) Delivering value to customers

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