What is the difference between 1.0 version of a product and a Minimum Viable Product (MVP)? O A 1.0 deals specifically with software. The MVP is a more generic term for the first article that you present to the market, and it might pertain to hardware or software. There's a sequence: The 1.0 comes first so you have something to work with, then the MVP. The purpose of an MVP is to test customer motivation/engagement: does anybody want this? It might not be a real product as all. A 1.0 is the first version of a product. O There is no difference between the MVP and a 1.0 version of a product. Which of the MVP archetypes is the most observation-intensive? O The Sales MVP O The Wizard of Oz MVP O The Concierge MVP Which one of the assumption statements below is most complete and actionable for general purposes? If we offer a social media automation solution, our users will find it, try it, and buy it after the trial period. If we set up a stand to sell pink flamingo lawn ornaments at 5th and Main Street tomorrow for Suburban Homeowners at 6 pm, they will buy at least 10 ornaments at $8 each. Older Americans with more than two prescriptions want a better solutions for reliably taking their medication. If we set up a pop-up store in Cartagena, we'll be able to sell wellness technology. In the AIDAOR framework, what's the difference between the Action and Onboarding steps? Action has to do with the first user you acquire in a company. Onboarding deals with all of the other users after that. Action is something you do, while Onboarding is something the customer does. Action has to do with the sales part of your organization and closing a transaction. Onboarding deals with usability. Action is the minimum possible thing that the customer/user has to do to get some kind of reward for using your product. Onboarding is everything else you need to do to make them a regular user of the product. What is the difference between Customer Relationships and Channels? Customer Relationships describe non-sales interactions while Channel describe sales interactions. Customer Relationships deal with thing your business does directly with customers where the Channels deals with thing you do indirectly with your customers. Customer Relationships describe the way you want to interact with the customer and Channels is the way you deliver that interaction. Channels happen later in the customer journey than Customer Relationships