"Proof of Concept " Is a Core Idea in the Lean

question 19

True/False

"Proof of concept " is a core idea in the Lean Startup school of thought. This means that the opportunity or business model demonstrates its potential in some capacity.

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Definitions:

Validity Generalization

A statistical approach that concludes whether the validity of a test or selection procedure can be generalized across different contexts or groups.

Legal Credibility

The degree to which a document, statement, or witness is considered trustworthy and believable in a legal context.

Multiple Hurdles Approach

A selection process where candidates must pass through several stages or "hurdles" of evaluation before being considered for a position.

Compensatory Approach

A method used in decision-making and assessment that allows for the offsetting of weaknesses in one area with strengths in another.