A customer need pivot is when

The whole product becomes a feature of a larger product.

There is a change in the way the product is delivered to the customers.

The strategy changes to solve a different need for the target customer.

A single feature of a product becomes the whole product.

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The percentage of qualified prospects that actually choose to purchase

How long customers remain loyal to your business

The total amount the company spends on sales or sales and marketing divided by the number of new customers

The percentage of prospects the company touches in some way with its marketing effort where they respond to the contact

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Key private information

Key persons index

Key pieces of information

Key performance indicators

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True

False

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True

False

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A single feature of a product becomes the whole product.

The whole product becomes a feature of a larger product.

The strategy changes to solve a different need for the target customer.

There is a change in the way the product is delivered to the customers.

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When another business is interested in acquiring a team instead of an actual company

You can generate some cash to settle debts by selling assets or technology

When pivots haven’t worked well and the company is shut down, leaving no creditors

None of the above

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True

False

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When another business is interested in acquiring a team instead of an actual company

You can generate some cash to settle debts by selling assets or technology

When pivots haven’t worked well and the company is shut down, leaving no creditors

None of the above

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True

False

Home » Entrepreneurship II: Preparing for Launch » A customer need pivot is when

A customer need pivot is when

Module 4 Graded Quiz >>> A customer need pivot is when >>> Entrepreneurship II: Preparing for Launch

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The goal of a go to market strategy is to generate sales

All Week Assignment of Entrepreneurship II Preparing for Launch

Why does a startup need to raise funds from outside investors

What are possible sources of funding to finance a startup