Lean Startup: Definition & Principles

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

The lean startup method relies on as little as possible of _____.

I. time

II. money

III. personnel

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. A lean startup practitioner would NEVER _____.

2. The CEO of a lean startup firm would MOST LIKELY hire someone who is/has _____.

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

Take this quiz and see what you know about lean startups in the business world. Main topics include the element(s) of running a business that is minimized in the lean startup method and something a lean startup practitioner would never do.

Quiz & Worksheet Goals

You'll be required to answer questions on these points:

  • Type of an employee the CEO of a lean startup might hire
  • One of the key principles of lean startups
  • Creating a product through the lean startup business model

Skills Practiced

  • Reading comprehension - make sure you know the most important information from the lesson on lean startups, including one thing a lean startup practitioner would never do
  • Information recall - access the knowledge you've gained regarding the main principle of a lean startup
  • Knowledge application - use your knowledge to answer questions about the aspect(s) of running a business that has been minimized through lean startups and the characteristics of an employee that would be hired by the CEO of a lean startup

Additional Learning

More information on this business model is offered through the lesson titled Lean Startup: Definition & Principles. The following topics will be highlighted:

  • Foundations of a lean startup that differentiate it from regular businesses
  • Starting small
  • Making adjustments to your ideas
Support