ESB Certification Practice Exam 2025 – Complete Study Resource

Question: 1 / 405

In the context of product development, what is an MVP primarily used for?

To launch the final product

To gather customer feedback

The primary purpose of a Minimum Viable Product (MVP) is to gather customer feedback. In the early stages of product development, creating an MVP allows entrepreneurs to introduce a basic version of the product that includes just enough features to satisfy early adopters. This approach provides valuable insights into customer preferences and behaviors, which can inform further development and refinement of the product.

By focusing on feedback, businesses can make data-driven decisions, ensuring that the final product aligns more closely with market demands. This iterative process helps in reducing the risk associated with launching a product by validating the idea before investing more resources into full development. Other options like launching the final product or maximizing brand exposure do not accurately reflect the purpose of an MVP, which is fundamentally about learning from users rather than presenting a completed product or broadening brand reach at that stage.

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To minimize production costs

To maximize brand exposure

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