1) What does MVP stand for, according to the article? a) A) Most Valuable Product b) B) Minimum Viable Product c) C) Market Validation Protocol d) D) Maximum Value Proposition 2) Why is MVP considered important in app development? a) A) To satisfy stakeholders b) B) To minimize resources c) C) To showcase advanced features d) D) To increase market competition 3) What is the primary purpose of MVP? a) A) To deliver value to the user b) B) To generate maximum revenue c) C) To impress potential investors d) D) To develop complex features 4) What role does user feedback play in MVP development? a) A) It is irrelevant b) B) It helps in eliminating errors c) C) It delays the project timeline d) D) It increases development costs 5) How does MVP help in testing business ideas? a) A) By providing comprehensive market research b) B) By investing a large budget in the project c) C) By verifying market demand with minimal resources d) D) By focusing solely on UI/UX design 6) Which of the following is NOT a goal of MVP development mentioned in the article? a) A) Testing business ideas b) B) Verifying market demand c) C) Ensuring maximum profitability d) D) Testing the quality of UI/UX 7) What distinguishes prototypes from MVPs? a) A) Prototypes are always deployed to the market b) B) Prototypes focus on gathering user feedback c) C) Prototypes may not become final products d) D) Prototypes require minimal resources 8) What is the purpose of the MLP (Minimum Lovable Product)? a) A) To minimize user engagement b) B) To test market demand c) C) To offer basic features d) D) To deliver delight to users 9) Which methodology does MVP development align with? a) A) Waterfall b) B) Agile c) C) Scrum d) D) Lean 10) What are the benefits of Agile MVP development mentioned in the article? a) A) Increased development costs b) B) Delayed project timeline c) C) Cost-efficiency and time reduction d) D) Reduced user engagement 11) What is emphasized in MVP marketing strategy? a) A) Selling the draft product b) B) Building excitement around the project c) C) Focusing on the final product only d) D) Ignoring user feedback 12) What steps are involved in starting with MVP, according to the article? a) A) Create user personas and launch PR b) B) Define purpose, find target audience, explore competitors c) C) Develop complex features and test market demand d) D) Gather feedback and improve the product 13) Which platform started as a social network for Harvard students? a) A) Facebook b) B) Instagram c) C) Twitter d) D) Dropbox 14) What did the founders of Instagram realize after user feedback? a) A) They needed more features b) B) They had to change their platform entirely c) C) They had a useless app d) D) They needed a new name 15) How did Dropbox validate its idea before full development? a) A) By launching a short MVP video b) B) By conducting extensive market research c) C) By investing heavily in development d) D) By hiring a large team of developers 16) How long did it take for Amazon to become the largest online retail platform? a) A) 5 years b) B) 10 years c) C) 15 years d) D) 20 years 17) What is the overarching benefit of MVP, according to the article's conclusion? a) A) Maximizing profits b) B) Minimizing risks c) C) Increasing competition d) D) Eliminating user feedback

Article 'What does MVP mean, and why do you need it?' by Addevice

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