One can expect their sales volume to be ______ when they are in product/market fit. [Ele-
ments 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
In which stage does one start to earn revenue? - ANSWER Monetization
In which stage does one develop a concept for a product or service? - ANSWER Idea
1
ments 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
In which stage does one start to earn revenue? - ANSWER Monetization
In which stage does one develop a concept for a product or service? - ANSWER Idea
1
