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NEW QUESTION # 11
Which of the following would be the most effective way for executives to maximize the results of an organization?
Response:
- A. All of the above.
- B. Determine resource allocations for strategic cross-organization initiatives.
- C. Establish clear goals and target measures for the organization.
- D. Establish plans to meet goals and track progress against plans.
- E. None of the above.
- F. Propose ideas for projects.
Answer: C
NEW QUESTION # 12
Which of the following could help to improve a team's Ability to Innovate?
Response:
- A. Establish days where meetings are not scheduled to help increase focus.
- B. All of the above.
- C. Improve the cross-functional skills of the team.
- D. Have teams with full-time members that are not shared between teams.
Answer: B
NEW QUESTION # 13
Zoomer company's best selling app has started to have its user base erode by new competing apps that have newer and more popular features. An important stakeholder believes that Zoomer's app user base can be restored by adding several customer requests to the product backlog that would be prioritized over other planned product initiatives.
This set of requested features would take over a year to implement and release and delay other items in the backlog. What should Zoomer do?
(choose the best answer)
Response:
- A. Implement selected suggestions from each stakeholder so as not to upset any of your stakeholders.
- B. Postpone previously planned initiatives and start working on the backlog of customer requests as soon as possible.
- C. Reach out to the customers to learn more about their needs and decide what to do next based on the information.
- D. Implement and measure the result of a single feature in a shortened one month release cycle.
Answer: C
NEW QUESTION # 14
You have two products serving different markets. Product A has the majority market share within its market and also has high customer satisfaction. Product B has low customer satisfaction and low market share in a new growing market where its competitors also share a small percentage of that market.
Which product should you prioritize investments?
(choose the best answer)
Response:
- A. Product B
- B. Product A
Answer: A
NEW QUESTION # 15
Creating a culture of continuous improvement puts organizations on the path to competitive advantage.
Response:
- A. FALSE
- B. TRUE
Answer: B
NEW QUESTION # 16
Your organization wants to develop a new product and has hired you to lead the initiative. The product's stakeholders are unable to agree on what the product should be and who its customers are.
Which of the following would help you decide on what should be done?
(choose the best answer)
Response:
- A. Have the team work on something until all stakeholders reach a consensus on a clear vision for the product.
- B. Have the developers work on the architecture and infrastructure while you work with the stakeholders to finalize the product details.
- C. Work with product management to collect product requirements and prioritize the work in the Product Backlog.
- D. Select parts of the product to build and deliver in order to test the market place and to gather feedback on its needs.
Answer: D
NEW QUESTION # 17
What could be a valid reason for an organization needing to apply empiricism for problem-solving?
Response:
- A. You are working with new technology that is unproven.
- B. All of the above.
- C. You are in a rapidly changing market.
- D. You have a high technical risk.
- E. You have a high business risk.
Answer: B
NEW QUESTION # 18
A product improvement experiment is more effective when you know the following:
Response:
- A. The experiment,s target audience.
- B. How success will be measured.
- C. All of the above.
- D. The customer satisfaction gap that the experiment is targeting.
- E. What will be done to reduce the customer satisfaction gap that the experiment is targeting.
Answer: C
NEW QUESTION # 19
Your new product sales are not growing as fast as competitors' sales and you don't know why. Which Key Value Areas would you evaluate to help you decide on the next steps?
(choose the best two answers)
Response:
- A. Unrealized Value.
- B. Ability to Innovate.
- C. Time to Market.
- D. Current Value.
Answer: A,D
NEW QUESTION # 20
You want to know the potential value that your product could, but does not yet, deliver. Which of the following is the most helpful?
(choose the best answer)
Response:
- A. Asking your customers what they like about the product.
- B. All of the above.
- C. Testimonials about why your customers choose your product.
- D. None of the above.
- E. Competitor research and their market shares.
- F. Interviewing users who tried your product but did not buy.
Answer: F
NEW QUESTION # 21
Which of the following would be the most reliable way of learning more about a newly discovered opportunity that you are considering but still have questions about?
Response:
- A. All of the above.
- B. Hire a specialist to assess the potential size of the opportunity.
- C. Design and run small experiments to learn and expand your understanding of the new opportunity.
- D. Gather feedback from stakeholders on the potential value of the new opportunity.
Answer: C
NEW QUESTION # 22
True or False: Achieving organizational goals is the accountability of the managers.
Response:
- A. False
- B. True
Answer: A
NEW QUESTION # 23
The Evidence-Based Management framework helps you to:
(choose the best answer)
Response:
- A. Improve the predictability of Scrum Team velocity.
- B. Improve your ability to deliver value.
- C. Understand whether your PMO is efficient.
- D. Better track your progress against plans.
Answer: B
NEW QUESTION # 24
App A's profit has increased by 30 percent over the previous year because of a more efficient process and higher generated revenue. Based on this information, what can be concluded about the value delivered to the product's users?
(choose the best answer)
Response:
- A. We cannot conclude the value delivered without measuring the actual value experienced by the customer.
- B. The increase in sales means users are seeing more value in the app.
Answer: A
NEW QUESTION # 25
What are two key elements to an effective strategic goal?
(choose the best two answers)
Response:
- A. It,s time-boxed.
- B. It,s specific.
- C. It,s actionable.
- D. It,s measurable.
- E. It,s realistic.
Answer: B,D
NEW QUESTION # 26
The benefit of the Evidence-Based Management framework is:
Response:
- A. To accurately predict how a team is performing.
- B. All of the above.
- C. To understand the efficiency of your teams.
- D. To be able to better track progress and status.
- E. To improve an organization,s ability to deliver value.
Answer: E
NEW QUESTION # 27
Many publications have written about the success of your product. Your customers are very happy (very low satisfaction gaps) and that has lead to a commanding lead over your competitors in its market.
Which of the following would be the best way of protecting and increasing the success of your organization?
(choose the best answer)
Response:
- A. Acquire your competitors to increase your market share.
- B. Use profits from the product to search for new opportunities with larger satisfaction gaps.
- C. Protect your market share by implementing new features to decrease the likelihood of your customers leaving for a competitor.
- D. Keep your customers happy by continuously enhancing the product through new features.
Answer: B
NEW QUESTION # 28
Your product is used by businesses of various sizes. A very large company, that is interested in your product, would like a set of features implemented if they were to purchase your product. As a customer, this company would significantly increase your revenue.
They also tell you that the features would improve your product and would win more customers. The requested features will be expensive and require extensive redesign. Also, you have not heard any similar feedback from any other customers or leads.
What is the most appropriate action?
Response:
- A. Devise workarounds that will satisfy their request without needing a product redesign.
- B. Perform market research to evaluate the demand for the features within the broader market.
- C. Implement the features in line with the request as they are an influential customer.
- D. Create experiments to better understand their needs and possible alternatives.
Answer: D
NEW QUESTION # 29
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