1. Discuss in what you have understood about Minimum Viable Product (MVP). Guide questions: a. What is an MVP? b. Why developing an MVP is a very important activity for a startup? Elaborate. c. If you are given a chance to propose a business idea, what is the MVP that you need to develop? d. What are the success factors of the MVP? Elaborate each.

Practical Management Science
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Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
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1. Please answer within 3-6 hours. Please don't give shorter answers.

1. Discuss in what you have understood about Minimum Viable Product (MVP).
Guide questions:
a. What is an MVP?
b. Why developing an MVP is a very important activity for a startup? Elaborate.
c. If you are given a chance to propose a business idea, what is the MVP that you need to
develop?
d. What are the success factors of the MVP? Elaborate each.
2- Điseuss in whatyou have understand-about Intellectuat Property (IP).
Guide Questions:
a. What is Intellectual Property (IP}7
b. Why IPis very impertant if you are an inventor or startup founder? Elaberate:
e. What are the different forms of IP7 Elaborate each:
d. What-are their-duration of protection?
e. Which IP is used er applied for-different works er eutputs? Why that should be used?
Transcribed Image Text:1. Discuss in what you have understood about Minimum Viable Product (MVP). Guide questions: a. What is an MVP? b. Why developing an MVP is a very important activity for a startup? Elaborate. c. If you are given a chance to propose a business idea, what is the MVP that you need to develop? d. What are the success factors of the MVP? Elaborate each. 2- Điseuss in whatyou have understand-about Intellectuat Property (IP). Guide Questions: a. What is Intellectual Property (IP}7 b. Why IPis very impertant if you are an inventor or startup founder? Elaberate: e. What are the different forms of IP7 Elaborate each: d. What-are their-duration of protection? e. Which IP is used er applied for-different works er eutputs? Why that should be used?
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