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NEW QUESTION 54
Your executive leadership team believes that your product can achieve higher market share.
* The Sales Leader is pressuring you to reduce the price of the product to attract more customers.
* The Director of Finance is concerned that reducing the price will merely reduce the product's profitability.
What sources of information should you consider when deciding whether to drop the price as the Sales Leader is suggesting? (choose the best four answers)

A. Customer satisfaction.B. Market Share.C. Competitor pricing.D. Company earnings targets.E. Unmet customers needs.F. Channel sales strategy.

Answer: A,B,C,E

 

NEW QUESTION 55
A Sprint forecast is: (choose the best answer)

A. A commitment the Developers makes to deliver a particular set of Product Backlog items.B. Useful for the stakeholders to know what will be included in future releases.C. The amount of work the Developers believe they can complete in that Sprint.D. A useful tool for management to understand team performance and capacity.

Answer: C

 

NEW QUESTION 56
What things might a Product Owner focus on to ensure the product is useful and delivers value? (choose all that apply)

A. Minimizing changes to project scopeB. Direct customers feedback.C. How swiftly and easily the product can be consumed and used by the customers.D. How much of the functionality of the product is being utilized.E. The size of the product in "lines of code".

Answer: B,C,D

 

NEW QUESTION 57
You have a product that has been highly successful, has very happy customers (very low satisfaction gaps), and commands enviable market share.
What should you do to protect and increase your organization's success? (choose the best answer)

A. Use profits from the product to buy competitor organizations to increase your market shareB. Use profits from the product to look for new markets with larger satisfaction gapsC. Redesign the interface to improve the feature's ease of use and re-release it.D. Implement new features that will increase customer lock-in to protect market share.

Answer: B

 

NEW QUESTION 58
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? (choose the best answer)

A. Devise workarounds that will satisfy their request without needing a product redesign.B. Implement the features in line with the request as they are an influential customer.C. Create experiments to better understand their needs and possible alternatives.D. Perform market research to evaluate the demand for the features within the broader market.

Answer: C

 

NEW QUESTION 59
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