Final answer:
The MVP or Minimum Viable Product is primarily characterized by tailored design and limited features, aligned with Option c). It is created as a basic functional prototype to test key hypotheses and gain valuable feedback, which helps in refining the product.
Step-by-step explanation:
An MVP (Minimum Viable Product) is best characterized by its emphasis on creating a product with enough features to satisfy early adopters and provide feedback for future development. Thus, the correct answer to the student's question is Option c) Tailored design and limited features. An MVP is not necessarily about robustness, extensive testing, minimal testing with mass distribution, or exclusivity with high-end specifications. Instead, the MVP approach focuses on a basic, functional prototype to test the key hypotheses and gather insights to refine the final product.
The approach of using a prototype or a trial working model is critical to the design process and involves building an MVP to test design decisions and identify any potential problems. Regular testing and refinement guided by the feedback from early users are part of the iterative development process, indicating that the engineers focused on critical attributes of the product and the prototypes can undergo multiple iterations before reaching adequacy.
When evaluating the quality of a design, prototype, test, and refine is an iterative cycle used by teams to perfect a product before it's fully brought to market. This cycle helps to surface previously unknown characteristics of the design, allowing for continuous improvement.