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Practice makes perfect! Take this quiz now to test your knowledge and boost your confidence for the real exam.
1 / 10
You developed and released a feature with the goal of improving your product's customer satisfaction rate. The resulting data shows that it does not have the intended impact and customer satisfaction remains unchanged. Additionally, the data shows your users rarely use the feature at all. What do you do? Response:
2 / 10
A product improvement experiment is more effective when you know the following: Response: E. How success will be measured.
3 / 10
Your company has many unique variations of the same product that it sells to different customers. Maintaining all these versions leaves you no time to improve the product. What measure(s) should you examine to help you to improve your ability to deliver value? (choose the best answer) Response: E. None of the above. F. Innovation Rate.
4 / 10
Creating a culture of continuous improvement puts organizations on the path to competitive advantage. Response:
5 / 10
Your company has two products: Product C: a very successful product that has a high market share in a slow-growing market. Product D: a new product in a quickly growing emergent market. What is the best way to allocate funding for development work between the two products? Response:
6 / 10
How do you know if your product is delivering value? Response:
7 / 10
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: E. Testimonials about why your customers choose your product. F. Competitor research and their market shares.
8 / 10
What essential contribution do executives make when the organization makes portfolio investment decisions? (choose the best two answers) Response:
9 / 10
Over a million customers use BLOOM company's product. BLOOM recently implemented and released a particular feature that they believed would be widely adopted by the users. After gathering enough data from the test, it is concluded that the feature functions as intended however the usage rate was surprisingly low. What should BLOOM do? Response:
10 / 10
Over a million customers use ABC company's product. ABC recently implemented and released a particular feature that they believed would be widely adopted by the users. After gathering enough data from the test, it is concluded that the feature functions as intended however the usage rate was surprisingly low. What should ABC do? Response:
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