Assumption in Startup Product Strategy

Easy Assumption Identify Assumptions

In a recent meeting, the board of directors for a technology startup stated, "To double our profits next year, we need to launch three new products by the end of the second quarter." The CEO echoed this sentiment and added, "With a successful product launch strategy, we can attract more customers and significantly boost sales." Based on this discussion, which of the following assumptions must be true for the CEO's conclusion to hold?

Customers are interested in purchasing multiple new products from the startup.

The startup's current products are already generating high sales.

The startup has the resources to develop and launch three new products within the given timeframe.

Doubling profits in one year is a realistic goal for the startup.

The market for technology products will remain stable throughout the next year.

Hint

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