Business Book review: Name some advantages of prototyping instead of building a final product right away. 2. What are some of the questions that can be answered through prototyping.

Business Book review

Read Chapter 4 of this book, answer the following questions.

1. Name some advantages of prototyping instead of building a final product right away.
2. What are some of the questions that can be answered through prototyping.

3. What is prototyping and how does it help the entrepreneur?

4. Why is it helpful for an entrepreneur to get direct responses from the target customer?

5. What are the three steps of the prototyping process? Explain them and give an example.

6. Explain the relation between prototyping and funding.
7. Explain what is a Minimum Viable Product (MVP) and its purpose.
8. How does an entrepreneur make prototypes of services? Give some examples.
9. Explain the concept of Co-creation, its importance, and name some Best practices.
10. Explain what are paper prototypes and 3D printing and their use.