1.) In the Lean Startup context, what does Minimally Viable Product mean?

a. A fully functional product at the lowest cost

b. A concept that barely meets the definition of a product

c. Anything that validates or invalidates a leap of faith assumption

d. A product that has enough ROI to break even

2.) What kind of uncertainty does a startup DO NOT face when it comes to product development?

a. No existing customers

b. No defined market

c. Minimal funds to afford a product failure

d. Uncertain regulatory environment