Every business endeavour comes with a specific level of risk associated with it. One of the biggest challenges that businesses face while tinkering with newer ideas is mitigating the risk. Nonetheless, there are several ways to mitigate the risk. One of the best ways to do so is by following the RAT (riskiest assumption test) approach.
RAT is a new take on the tried-and-trusted method of building an MVP to check a product’s viability and suitability for its customers. In this blog, we will discuss what RAT is and how it helps you to assess your product’s viability. Without any further ado, let’s march on.
