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You are a Product Owner for a product with a rapidly declining customer base. Despite data that indicates the decline is due to a shrinking market, rather than a lack of new features, an influential stakeholder insists on adding more features to attract new customers. The influential stakeholder also says that if you do not add new features you risk losing your most profitable customer. Which two of the following actions might you take? (choose the best two answers)
An effective Product Owner must: (choose the best answer)
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When many Scrum Teams are working on the same product, should all of their Increments be combined every Sprint? (choose the best answer)
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You work for a large financial institution. Your products have many interdependencies: you have mobile, web, and ATM product interfaces to financial products like savings, checking, spending, electronic payments, credit cards, and investments. When any of these financial products change, the changes ripple throughout the mobile, web, and ATM clients, and maintaining consistency is challenging. What should you do to reduce this problem? (choose the best answer)
A Sprint forecast is: (choose the best answer)
What percent of the time should a Product Owner dedicate to the Scrum Team? (choose the best two answers)
If burndown charts are used to visualize progress, what do they track? (choose the best answer)
What are the attributes of a good Product Vision and Strategy? (choose all that apply)

Question 64 - PSPO-II discussion

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Your product's nearest competitor has lower market share, but has higher customer satisfaction, though they lack some key features of your product. You are losing market share to them as customers discover them. They release 3 times faster than you, which is helping them to win customers. What should you do first in response?

(choose the best answer)

A.
Add features to your next release that you think will retain and win customers.
Answers
A.
Add features to your next release that you think will retain and win customers.
B.
Lower your product's price to make it more attractive to new and existing customers.
Answers
B.
Lower your product's price to make it more attractive to new and existing customers.
C.
Improve your time-to-market and rate of innovation to improve your responsiveness.
Answers
C.
Improve your time-to-market and rate of innovation to improve your responsiveness.
D.
Find new markets for your product that your competitor is not yet in.
Answers
D.
Find new markets for your product that your competitor is not yet in.
Suggested answer:

Explanation:

Verified Answer: C

Very Very Short According to the PSPO II guidelines, the focus should be on improving time-to-market and rate of innovation to enhance responsiveness . This aligns with the principles of agility and Scrum, which emphasize the importance of delivering value quickly and responding to market changes123. By improving these areas, you can better meet customer needs and compete more effectively in the market.

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asked 23/09/2024
Jonathan Hernández Hernández
31 questions
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