Lean Startup: Definition & Principles


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question 1 of 3

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

I. time

II. money

III. personnel

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1. A lean startup practitioner would NEVER _____.

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

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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