Statements on Startup Pivoting
CMAT 2025 · Innovation & Entrepreneurship · Easy · Startup Strategy
Given below are two statements:
Statement I: Pivoting in a startup context refers to changing the business model or strategy in response to market feedback. Statement II: Pivoting always involves changing the target market essentially.
In light of the above statements, choose the correct answer from the options given below:
- A.
Both Statement I and Statement II are true
- B.
Both Statement I and Statement II are false
- C.
Statement I is true but Statement II is false
- D.
Statement I is false but Statement II is true
C
Explanation
Statement I is true. Statement II is false because pivoting does not always require changing the target market; it could mean changing the product feature, revenue model, or channel.
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