Final answer:
MVP testing is a business approach for product development that focuses on gathering feedback from customers and iterating quickly to meet their needs. It seeks to obtain validated learning with minimal effort and applies to areas like product launches and hiring processes.
Step-by-step explanation:
The blank in the student's question can be filled with "Minimum Viable Product (MVP) testing", which is an approach to test a product's alignment with customer needs and expectations and to collect the maximum amount of validated learning about customers with the least effort. MVP testing is part of the Lean Startup methodology that emphasizes the importance of gathering information from customers and other stakeholders to iterate product development rapidly. It also involves finding expert information and conducting a root cause analysis to identify and address the real underlying problems with the product or service. For instance, if a new laundry detergent is being tested, the company would gather consumer feedback to see if they prefer it over existing brands and use that data to make improvements. In the context of human resources, candidate analysis and testing may involve personality tests and other assessments to ensure a good fit for a job role. Similarly, when envisioning a new product, designers would create a prototype, gather feedback, and then iterate on the design.