Eliminate waste in product and processes

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Reference no: EM132860073

A lean business model is a business strategy that strives to eliminate waste in product and processes while satisfying customer wants. By satisfying customer wants, the business will receive more positive returns like increased sales and goodwill. By employing lean startup principles, product developers can gauge consumer interest in the product and determine how the product might need to be refined.

To design a product, this product should conform to the lean start-up model and explain the product and its users (consumers).

Please provide some ideas.

Reference no: EM132860073

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