ESB DOMAIN 3 EXAM QUESTIONS WITH COMPLETE SOLUTIONS

Market Fit - ANSWERSThe stage where a business's sales are high and continue to grow because their product or service is something customers want and continue to purchase. MVP - ANSWERSA prototype 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. Value Hypothesis - ANSWERSPromotes thing like product features, pricing, and a company's business model as a means of enticing potential customers to purchase the product. Forward-Thinking - ANSWERSThinking about and planning for the future. Grit - ANSWERSThe characteristic of being able to tackle goals with courage and perseverance. Direct Competitor - ANSWERSA business that sells similar products or services as another business.