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Question 61/117

The current product is making a profit; however, the Sale Manager advises James, a Product Owner, to reduce the price to attract more customers. The Financial Director argues that this may harm the company revenue.
What are the reliable sources that help Jame decide the product's pricing strategy? (choose the best two answers).

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Question List (117q)
Question 1: An analysis of the customers for your product reveals that y...
Question 2: Who is accountable for creating a plan for the Sprint and ad...
Question 3: The smallest product Increment that is valuable enough to re...
Question 4: The Developers have the final say on when to release an incr...
Question 5: As a Product Owner, who can you invite to the Sprint Review?...
Question 6: An effective Product Owner must: (choose the best answer)...
Question 7: Which of the following would likely be the least effective w...
Question 8: The Evidence-Based Management framework helps you to: (choos...
Question 9: You work for a large financial organization that has many ex...
Question 10: As a Product Owner, what are two approaches that can help yo...
Question 11: You are the Product Owner for a product with diverse stakeho...
Question 12: Which of the following statements is TRUE about the Sprint B...
Question 13: You are a Scrum Team Lead and are going to start working wit...
Question 14: You are a new Product Owner brought in to fix an existing pr...
Question 15: A "cone of uncertainty" can be used to do what? (choose the ...
Question 16: Which would be a desired outcome of using an agile approach?...
Question 17: True or False: Should the Product Owner care about the depen...
Question 18: Personas can help to: (choose the best answer)...
Question 19: Management has asked you for advice on which product to fund...
Question 20: Experimentation can help a Product Owner to: Select all that...
Question 21: Mike, the Product Owner, is surprised about the accumulated ...
Question 22: Why does the testing team run regression tests before deploy...
Question 23: What is a benefit of frequent product releases? (choose the ...
Question 24: The benefit of the Evidence-Based Management framework is:(c...
Question 25: What are the accountabilities of a Tester on a Scrum Team? (...
Question 26: The CEO questions Mike, the Product Owner, on the data showi...
Question 27: What might indicate to a Product Owner that they need to wor...
Question 28: Every Scrum Team must have a Product Owner and Scrum Master ...
Question 29: Tommy, a young and talented Product Owner, decided to releas...
Question 30: Team A is an excellent Scrum Team with a high velocity. At t...
Question 31: Which of the following are characteristics of a Product Goal...
Question 32: You have a product that has been highly successful, has very...
Question 33: How does the Scrum Master help the Product Owner? (choose th...
Question 34: Team A has a velocity of 50 with a Product Backlog of 140 po...
Question 35: What is an effective Product Vision? (choose the best answer...
Question 36: Which preferred Product Owner stance helps people to align a...
Question 37: An organization is currently having difficulties delivering ...
Question 38: True or False: In order to stay aligned with the organizatio...
Question 39: Peter, a young member, has been assigned to a mature Scrum T...
Question 40: Product A has a budget that is twice that of Product B. Both...
Question 41: As a Scrum Product Owner, what should be your most important...
Question 42: Your product is the market leader in your segment. Your team...
Question 43: How much of the Sprint Backlog must be defined during Sprint...
Question 44: Which of the following actions can provide you with insights...
Question 45: When should the Product Owner update the project plan? (choo...
Question 46: Which statement best describes the Sprint Review? (choose th...
Question 47: True or False: The success of a product can be measured only...
Question 48: What is typical work for a Product Owner in a Sprint? (choos...
Question 49: In Scrum, every product needs a ___________. (choose the bes...
Question 50: A separate Product Backlog is needed for every: (choose the ...
Question 51: An Increment is released when (choose the best answer)...
Question 52: Which of the following statements is true: (choose the best ...
Question 53: When there are multiple Scrum Teams working on the same prod...
Question 54: Which best describes testing responsibilities in the Develop...
Question 55: Towards the end of the Sprint Planning, the Developers are N...
Question 56: A company wants to hire you to lead their agile transformati...
Question 57: Your executive leadership team believes that your product ca...
Question 58: Your company's product has been through multiple releases. I...
Question 59: Which of the following are the correct Key Value Areas in Ev...
Question 60: What things might a Product Owner focus on to ensure the pro...
Question 61: The current product is making a profit; however, the Sale Ma...
Question 62: Which of the following activities should a Product Owner nev...
Question 63: A team works on 4 different products, splitting their time b...
Question 64: Peter has joined the company as a new Product Owner. Peter i...
Question 65: Managing a Product Backlog involves which of the following a...
Question 66: A Sprint forecast is: (choose the best answer)...
Question 67: True or False: When many agile teams are working on differen...
Question 68: What can be measures of internal value? (choose all that app...
Question 69: What best illustrates a GO product roadmap? (choose the best...
Question 70: You are a Product Owner hired to take the lead on a new comp...
Question 71: Your product is used by businesses of various sizes. A very ...
Question 72: A new competitor has joined the market and has quickly gaine...
Question 73: True or False: A benefit of using an agile approach is decre...
Question 74: Successful use of Scrum depends on how well people behave an...
Question 75: Which approaches could help the Product Owner reduce waste i...
Question 76: John is a new Product Owner and he invites a few stakeholder...
Question 77: When an Increment is considered valuable? (choose the best t...
Question 78: How can Scrum help with making funding and investment decisi...
Question 79: What are the three elements of a User Story? (choose the bes...
Question 80: Dereck is a Product Owner of a product with a variety of sta...
Question 81: You are planning to release a large product update several m...
Question 82: Your department has several teams working on different produ...
Question 83: What is the benefit of having short release cycles? (choose ...
Question 84: Which of the following strategies might help in improving yo...
Question 85: How can organizations benefit from creating and running expe...
Question 86: Who is allowed to make changes in the Product Backlog? (choo...
Question 87: You are a Product Owner and the most recent report is showin...
Question 88: Your product is currently meeting your targets and goals. Th...
Question 89: You have many customers on different versions of the same pr...
Question 90: Experimentation can help a Product Owner to: (select all tha...
Question 91: The Product Owner ensures a product's success by measuring t...
Question 92: A Product Owner is needed for every: (choose the best answer...
Question 93: User satisfaction gap lies in the difference between: (choos...
Question 94: Which of the following are true when it comes to scaling the...
Question 95: Over a million customers use ZARA company's product. ZARA re...
Question 96: A new market opportunity has appeared and your organization ...
Question 97: As an experienced Product Owner, your organization has asked...
Question 98: Product A is the main driver of both revenue and profit for ...
Question 99: What is the stance of the Product Owner during the Sprint Re...
Question 100: An effective Product Owner must: (choose the best answer)...
Question 101: Which of the following is the most effective way of improvin...
Question 102: The Product Owner has the final say on if an Increment is Do...
Question 103: The Developers have struggled to get all of their forecasted...
Question 104: What are the most important activities that the Product Owne...
Question 105: When should the Product Owner update the project plan? (choo...
Question 106: Sharing people with unique skills across multiple teams will...
Question 107: Which activities a Product Owner likely to engage in during ...
Question 108: Scrum addresses which of the following four risks in softwar...
Question 109: When value can be measured infrequently, it becomes a ... Ch...
Question 110: Your company is considering investing in a large agile trans...
Question 111: Which option can improve the "Time-to-market" (choose the be...
Question 112: According to the Scrum Guide, what would be considered the s...
Question 113: Shelly, a Product Owner, does not have enough time to do all...
Question 114: What is the role of the Product Owner in crafting the Sprint...
Question 115: An empirical approach is best suited to solving problems tha...
Question 116: A Product Backlog is: (choose ALL that apply)...
Question 117: Your stakeholders are very demanding and each of them has at...