Lean Startups Use Resources Like Open-Source Software, While Containing Costs

question 68

Short Answer

Lean startups use resources like open-source software, while containing costs, staying small, and keeping operations as ______ as possible.

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Definitions:

Cognitive Competence

The ability to think, reason, solve problems, and understand complex ideas, reflecting the mental capacity for learning and adapting.

Daily Living

Pertains to the routine activities that people do every day without needing assistance, such as eating, bathing, and dressing.

Instrumental Activities

Tasks that are essential for independent living, such as managing finances, housekeeping, and transportation, which are more complex than basic self-care activities.

Baltes

Referring to Paul B. Baltes, a psychologist known for his work in the field of developmental psychology, especially related to aging and lifelong development.