MVP stands for Minimum Viable Product and is a concept used in the development of products. It is the process of creating a product with just enough features to satisfy early customers and provide feedback for future product development. It is a way of testing the market, allowing for product validation and feedback before investing a larger amount of resources in the product. This technique is used by many businesses as it allows them to develop a product quickly and cost-effectively, while still ensuring that it meets the needs of their customers.
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