Minimum Viable Product (MVP) is a concept in which new products and/or services are launched in the market with basic features but enough to get the customers attention. The subsequent development and feature enhancements are done basis the feedback from the initial customers. Frank Robinson had coined the term in 2001
An application-oriented question on the topic along with responses can be seen below. The best answer was provided by Pinkulal Karan on 26th Jun 2020
Applause for all the respondents - Raj Saxena, Hardik Jain, Pinkulal Karan, R Rajesh, C S K Kumar, Rajeshwari, Premkumar T
Also review the answer provided by Mr Venugopal R, Benchmark Six Sigma's in-house expert.
Q 274. Minimum Viable Product (MVP) is a popular technique to launch innovations in the market. What is an MVP? Provide some examples of popular products that were launched using MVP but enhanced later.
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