Match Startup Concepts with Definitions
CMAT 2025 · Innovation & Entrepreneurship · Medium · Startup Terminology
Match List I with List II:
| List I | List II |
|---|---|
| A. Scalability | I. Early stage product having minimum basic features |
| B. Value proposition | II. Ability to grow |
| C. Lean startup | III. Experiments based concept started in the early 2000 in the Silicon Valley |
| D. MVP (Minimum Viable Product) | IV. Unique selling point (USP) |
Choose the correct answer from the options given below:
- A.
A-II, B-I, C-IV, D-III
- B.
A-II, B-I, C-III, D-IV
- C.
A-II, B-III, C-I, D-IV
- D.
A-II, B-IV, C-III, D-I
Answer
D
Explanation
- Scalability: Ability to grow (A-II)
- Value proposition: Unique selling point / value delivered (B-IV)
- Lean startup: Experiments based concept (C-III)
- MVP: Early stage product with minimum basic features (D-I)
Thus, the correct match is A-II, B-IV, C-III, D-I.
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