Scientific Method
What is the main goal of the scientific method?
To investigate problems and find reliable, evidence-based answers.
What is the main idea behind lean methodology?
To reduce waste and focus on creating value efficiently.
What does MVP stand for and what does it mean?
Minimum Viable Product; a simple version with only essential features.
What is an entrepreneurial ecosystem?
A network of people, institutions, and resources that support businesses.
What is the square root of 441
21
Why is observation considered the first step?
Because it helps identify what needs to be studied or explained.
How does “Build-Measure-Learn” work in simple terms?
You build a product, measure results, and learn from feedback.
Why do startups create an MVP instead of a full product?
To test the idea quickly without investing too much time or money.
Name one key actor in an entrepreneurial ecosystem.
Investors, mentors, or government (any one is valid).
What is the longest river in the world?
Nile River
What makes a good hypothesis?
It must be testable, clear, and based on prior knowledge.
Why is customer feedback important in lean methodology?
Because it helps improve the product based on real user needs.
What is one example of an MVP?
A basic app or product with only core features.
How do investors help startups grow?
By providing funding to help them grow and expand.
What is the most-streamed song on spotify?
Blinding Lights
Why is it important to repeat experiments?
To make sure results are consistent and reliable.
What does it mean to “pivot” in a business?
Changing direction based on new information or results.
How do users help improve an MVP?
By giving feedback to improve and refine the product.
Why are universities important in entrepreneurship?
They provide education, research, and innovation.
Which instrument has 88 keys?
The piano
What is the difference between a conclusion and a hypothesis?
A hypothesis is a prediction; a conclusion explains the results after testing.
How does lean methodology reduce risk?
By testing ideas early and avoiding unnecessary spending.
What happens after testing an MVP?
The product is improved, changed, or further developed.
How does government support affect new businesses?
It provides support like funding, policies, and programs for businesses.
What word is always spelled incorrectly in the dictionary?
“Incorrectly” 😏