Question: PLEASE ANSWER ASAP The process of creating a prototype (be it a product, a method of distribution, a sales process, etc.), then using it with

PLEASE ANSWER ASAP

The process of creating a prototype (be it a product, a method of distribution, a sales process, etc.), then using it with customers to determine how well it works, and then learning lessons from it and deciding to continue improving it or scraping it for something else is known within the entrepreneurial process as the Customer creation stage of customer development Build-Measure-Learn feedback loop Bootstrapping approach Business model canvas

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