Final answer:
During the Sprint Review, the team unveils the product increment, which represents the potentially releasable results of the Sprint. The product increment demonstrates progress and helps gather stakeholder feedback, while aligning development efforts with user needs through continuous refinement.
Step-by-step explanation:
During the Sprint Review in the Agile framework, the team unveils the product increment. This is the completed work that has resulted from the Sprint and that is considered potentially releasable, meaning it meets the definition of 'Done' as established by the team. The product increment reflects the cumulative work of the current and all previous Sprints and is presented to stakeholders to demonstrate progress and gather feedback.
In contrast, the Product Backlog is a list of features, functions, requirements, enhancements, and fixes that serves as a repository of potential work items for the team to address. User stories are informal descriptions of a software feature from an end-user perspective. Acceptance criteria constitute a set of conditions that a software product must meet to be accepted by a user, a customer, or other system.
The iterative process inherent in Agile methodology, including the presentation of the product increment, allows teams to continuously refine their product based on feedback, ensuring that development efforts remain aligned with user needs and organizational goals.