IT Product Quiz
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Let’s take a look at wireframe! This is a wireframe for a website that provides a biography about an author. What do you think the white box with the X inside represents?
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A button
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Text
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An image
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Option 4
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The IT Product Quiz assesses knowledge in software development life cycles, security considerations, and agile practices. It evaluates understanding of role-based functionalities and project management within software projects, making it relevant for aspiring developers and managers.
Quiz Preview
- 2.
Entrance barriers
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Factors that make not impossible, for new firms to start a business.
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Factors of an objective that make easy start business in the chosen industry
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Factors of an objective or subjective nature that make it difficult, if not impossible, for new firms to start a business in the chosen industry
Correct Answer
A. Factors of an objective or subjective nature that make it difficult, if not impossible, for new firms to start a business in the chosen industryExplanation
The correct answer is "Factors of an objective or subjective nature that make it difficult, if not impossible, for new firms to start a business in the chosen industry." This answer accurately describes entrance barriers, which are factors that can hinder or prevent new firms from entering a specific industry. These barriers can be objective, such as high capital requirements or government regulations, or subjective, such as strong brand loyalty or established customer relationships. These barriers make it challenging for new firms to compete and establish themselves in the industry.Rate this question:
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- 3.
If you were going to create a process for making a pizza, what do you think the phases might be?
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Crust, Sauce, Cheese, Pepperoni
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Planning, Preparation, Assembly, and Cooking
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Dial, Order, Eat, Leftovers
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Make, Bake, Eat, Eat Leftovers
Correct Answer
A. Planning, Preparation, Assembly, and CookingExplanation
The correct answer is "Planning, Preparation, Assembly, and Cooking". This answer provides a logical sequence of phases for making a pizza. Planning involves deciding on the type of pizza and gathering the necessary ingredients. Preparation involves tasks such as kneading the dough, chopping toppings, and preheating the oven. Assembly involves spreading sauce, adding cheese and toppings onto the crust. Finally, cooking involves baking the pizza in the oven until it is golden and crispy.Rate this question:
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- 4.
SWOT – analysis
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Strengths – Weaknesses – Opportunities – Threats
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Strengths- Weaknesses – Options – Threats
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Strongness – Weaknesses – Objectives- Types
Correct Answer
A. Strengths – Weaknesses – Opportunities – ThreatsExplanation
The correct answer is "Strengths – Weaknesses – Opportunities – Threats." This is the correct sequence for the SWOT analysis framework. SWOT analysis is a strategic planning tool used to evaluate the internal strengths and weaknesses of an organization, as well as the external opportunities and threats it faces. By analyzing these four factors, organizations can gain insights into their current situation and make informed decisions about their future strategies.Rate this question:
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- 5.
What is advantages of CustDev
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Direct contact with the client, obtaining facts from the market, the problem is formulated in the words of the users, verification of your target audience
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Market research, Financial analysis, Verification of databases, Value of programming code
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Design review, social analysis, territory coverage market analysis
Correct Answer
A. Direct contact with the client, obtaining facts from the market, the problem is formulated in the words of the users, verification of your target audienceExplanation
CustDev, short for Customer Development, is a methodology used by businesses to gain insights and validate their product or service. The advantages mentioned in the answer options are all related to the benefits of implementing CustDev. Direct contact with the client allows for a deeper understanding of their needs and preferences. Obtaining facts from the market helps in identifying market trends and demands. Formulating the problem in the words of the users ensures that the product addresses their specific pain points. Verification of the target audience helps in refining the marketing and sales strategies. These advantages collectively contribute to the success and growth of a business.Rate this question:
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- 6.
When the Manifesto for Agile Software Development says it values responding to change over following a plan, it means
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Plan for change for more value.
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Plans can change, so they have less value.
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Changing plans are valued more.
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Responding to change is valued more than following a plan.
Correct Answer
A. Responding to change is valued more than following a plan.Explanation
The correct answer is "responding to change is valued more than following a plan." This means that in Agile Software Development, the focus is on being adaptable and flexible to changes that may arise during the development process. Rather than rigidly sticking to a predetermined plan, Agile emphasizes the importance of being able to respond and adapt to changing requirements, feedback, and market conditions. This approach allows for continuous improvement and ensures that the software being developed remains relevant and valuable to the end-users.Rate this question:
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- 7.
You are now working as a product manager for a project that is developing a communication application that will be used on the next space shuttle mission. It is essential that this product works as intended. So you have spent a lot of time working with your development team to identify risks. You have developed a long list of potential risks. What do you think your next step should be now that the potential risks have been identified?
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Continue with development as usual.
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Notify an executive.
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Develop a risk plan.
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Give up.
Correct Answer
A. Develop a risk plan.Explanation
Given the high stakes and the importance of the communication application working as intended on the next space shuttle mission, it is crucial to have a plan in place to address and mitigate the identified risks. Developing a risk plan will help outline specific actions and strategies to manage and minimize the potential risks. This will ensure that the project can proceed with a structured approach, addressing any uncertainties and potential issues that may arise during the development process.Rate this question:
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- 8.
CAC – formula is:
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Cost per visitor/conversion rate
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Total cost/visitors
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Profit/expenses
Correct Answer
A. Cost per visitor/conversion rateExplanation
The given formula for CAC (Customer Acquisition Cost) is cost per visitor divided by the conversion rate. This formula helps businesses determine the cost incurred to acquire each visitor and convert them into customers. By dividing the total cost by the number of visitors, it gives an average cost per visitor. Then, by dividing the profit by the expenses, it calculates the profitability of the acquisition. This formula is useful for businesses to analyze and optimize their marketing and sales strategies to reduce costs and increase profitability.Rate this question:
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- 9.
Cost to Acquire a Customer (CAC) what cost is it include?
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Cost of investment + Profit
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Cost of investment + Cost of advertising
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Cost of advertising + Income
Correct Answer
A. Cost of investment + Cost of advertisingExplanation
The Cost to Acquire a Customer (CAC) includes the cost of investment and the cost of advertising. This means that in order to acquire a customer, a company needs to invest in various resources and activities, such as product development, marketing campaigns, and advertising efforts. These costs are essential for attracting and converting potential customers into paying customers. By considering both the cost of investment and the cost of advertising, companies can calculate the total expenses associated with acquiring each customer, helping them evaluate the effectiveness and efficiency of their customer acquisition strategies.Rate this question:
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- 10.
Customer validation
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Create a minimized version that solves key customer problems. Collect comments and comments. Make iterative release of a new version of MVP with improved and new features. Collect notes and comments. Development of the final product.
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Collect comments and comments. Produce prototype without any additional research. Development of the final product.
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Make iterative release of a new product. Define target audience. Collect notes and comments. Identify hardware requirements.
Correct Answer
A. Create a minimized version that solves key customer problems. Collect comments and comments. Make iterative release of a new version of MVP with improved and new features. Collect notes and comments. Development of the final product.Explanation
The correct answer suggests that the process of customer validation involves creating a minimized version of the product that solves key customer problems. This version is then released iteratively as a new Minimum Viable Product (MVP) with improved and new features. During this process, comments and feedback from customers are collected, which helps in further development of the final product. This explanation aligns with the concept of customer validation, where the focus is on understanding and addressing customer needs and preferences through continuous feedback and iteration.Rate this question:
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- 11.
Which of these represents the basic form of a user story?
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As a _____, I want to _____.
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As a _____, I want to _____, since _____.
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I want to _____, so that _____.
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As a _____, I want to _____, so that _____.
Correct Answer
A. As a _____, I want to _____, so that _____.Explanation
The basic form of a user story is "As a _____, I want to _____, so that _____."
This format is commonly used in Agile software development to capture the user's perspective and their desired outcome. It helps to identify the user, their need or goal, and the reason behind it. This format allows for clear communication and understanding of user requirements among the development team.Rate this question:
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- 12.
Accordingly on business model canvas (CustDev) please define right question related to resources
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What are the most profitable values of your product?
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What resources are needed (capital, loans, assets, etc.) to make the plan work?
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What are their main functions?
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Option 4
Correct Answer
A. What resources are needed (capital, loans, assets, etc.) to make the plan work?Explanation
The correct answer is "What resources are needed (capital, loans, assets, etc.) to make the plan work?" This question is related to resources because it specifically asks about the resources required to implement the plan. It focuses on the financial and physical resources such as capital, loans, and assets that are necessary for the successful execution of the business model. By identifying and understanding the resources needed, the business can effectively allocate and manage these resources to ensure the plan's success.Rate this question:
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- 13.
Customer validation allows you
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Determine if you are ready to go to market.
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Better understand your customers.
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Build a sales plan.
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Identify the right moment to increase sales and marketing.
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All above
Correct Answer
A. All aboveExplanation
Customer validation allows you to determine if you are ready to go to market, better understand your customers, build a sales plan, and identify the right moment to increase sales and marketing. In other words, it encompasses all of the options mentioned in the question.Rate this question:
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- 14.
Clear expressions of software requirements are important to help _____.
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Avoid confusion between the client and developers
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The client express themselves clearly
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Ensure the software requirements are legible by those with poor eyesight
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Produce transparent effects in the user interface of a software product
Correct Answer
A. Avoid confusion between the client and developersExplanation
Clear expressions of software requirements are important to help avoid confusion between the client and developers. When the requirements are clearly stated, there is less room for misinterpretation or misunderstanding. This helps to ensure that the client's expectations are accurately captured and understood by the developers, reducing the chances of errors or rework. Clear requirements also facilitate effective communication and collaboration between the client and developers, leading to a smoother development process and a higher likelihood of producing a successful software product.Rate this question:
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- 15.
Mark and his development team are constructing the support infrastructure to enable the continuous delivery of the product prototypes put together by other developers. He has automated tools in place to build and integrate code, package the product, and install the product in a test environment. In this infrastructure, he also needs automated tools to do what?
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Make prototypes
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Do detailed design
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Write the code
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Run tests
Correct Answer
A. Run testsExplanation
In addition to automating the building, integration, packaging, and installation of the product prototypes, Mark also needs automated tools to run tests. Running tests is an essential part of the continuous delivery process as it ensures that the product prototypes are functioning correctly and meeting the required specifications. Automated testing tools can help in executing various types of tests, such as unit tests, integration tests, and regression tests, to validate the functionality and quality of the prototypes before they are deployed.Rate this question:
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- 16.
You are using a software product that allows users to create and use group messaging threads. Group chat participants can be added to a group chat, and these participants can see all the messages sent in that thread. Which of the following would be a trigger for the use case of sending a message to a group chat?
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Participant has a message they want to send to the group.
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Participant types out message.
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Participant opens the group chat.
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Participant taps the send button
Correct Answer
A. Participant has a message they want to send to the group.Explanation
The trigger for the use case of sending a message to a group chat is when a participant has a message they want to send to the group. This implies that the participant has a specific message in mind that they want to share with the entire group, and this triggers the action of typing out the message, opening the group chat, and tapping the send button.Rate this question:
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- 17.
You’re working on a mobile game project with your client. They give you the requirement “I want to be able to control my character using the arrow keys”. How would you structure this requirement to fit the form of a user story?
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“As a gamer, I want to be able to control my character using a directional input method, so that I can navigate the game world.”
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“I want to be able to control my character using a directional input method”
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“In order to navigate around the world, a character should be able to move using the arrow keys”
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Change nothing. This is already a user story
Correct Answer
A. “As a gamer, I want to be able to control my character using a directional input method, so that I can navigate the game world.”Explanation
The given answer is already in the form of a user story. It includes the role of the user (gamer), the action they want to perform (control their character using a directional input method), and the reason or benefit for wanting to perform that action (to navigate the game world). This user story effectively captures the requirement from the client.Rate this question:
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- 18.
What potential benefits does following a process for software development have?
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Responsibilities are defined; project are monitored; risks are managed
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Quality is improved; roles are defined; coding is from imagination
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Features are defined; ad hoc development is followed; defects are found
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Work expectations are set; poor designs are detected; resources are wasted
Correct Answer
A. Responsibilities are defined; project are monitored; risks are managedExplanation
Following a process for software development provides several potential benefits. Firstly, it helps in defining responsibilities, ensuring that each team member knows their role and tasks. Secondly, it allows for effective project monitoring, enabling the team to track progress, identify issues, and make necessary adjustments. Lastly, it aids in managing risks by implementing risk assessment and mitigation strategies, reducing the chances of unforeseen problems impacting the project.Rate this question:
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- 19.
Study our diagram which depicts the V-Model of software development. If you are in the “integration testing” phase of the model: Which phase are you verifying when you run your tests?
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Unit testing
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Coding
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High level design
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Operational testing
Correct Answer
A. High level designExplanation
When you are in the "integration testing" phase of the V-Model of software development, you are verifying the "High level design" phase when you run your tests. This means that you are testing the integration of different components or modules of the software to ensure that they work together as intended based on the high level design specifications.Rate this question:
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- 20.
You are developing a software product for a client that connects a mobile app to a database. Each of these components has a basic set of features and an advanced set of features that can be built on top of the basic features. The mobile app depends on the database in order to be released, but a proof-of-concept mobile app can be made with just the basic features and no database connection. According to just-in-time manufacturing, what is the best strategy for developing the product? You should develop...
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All features of the database first, then all features of the mobile app
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All features of the mobile app first, then the basic features of the web app
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Basic features of the database, then basic features of the mobile app, followed by advanced features of the database and mobile app
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Basic features of the mobile app, then basic features of the database, followed by advanced features of the mobile app and database
Correct Answer
A. Basic features of the mobile app, then basic features of the database, followed by advanced features of the mobile app and databaseExplanation
The best strategy for developing the product according to just-in-time manufacturing is to start by developing the basic features of the mobile app. This allows for a proof-of-concept mobile app to be made without the need for a database connection. Once the basic features of the mobile app are completed, the basic features of the database can be developed to establish the necessary connection. Finally, the advanced features of both the mobile app and the database can be built on top of the basic features. This approach ensures that the product can be released with essential functionality and additional features can be added incrementally.Rate this question:
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- 21.
From the course, what are the viewpoints to achieving better software?
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The right product, done right, and managed right.
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The right product, the right client, and the right developers.
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The right product, the right process, and the right people.
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The right product, the right timing, and the right funding.
Correct Answer
A. The right product, done right, and managed right.Explanation
The correct answer is "The right product, done right, and managed right." This answer suggests that achieving better software requires three key aspects: ensuring that the right product is being developed, ensuring that it is being developed correctly, and ensuring that it is being managed effectively. This implies that a successful software project involves not only technical considerations but also proper planning, execution, and oversight.Rate this question:
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- 22.
To achieve better software, one viewpoint aims to have the right product. What does having the right product mean?
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The product functionality does not have defects.
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The developers are satisfied with the product.
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The client is satisfied that the product meets their needs.
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The product conforms to the specified requirements.
Correct Answer
A. The client is satisfied that the product meets their needs.Explanation
Having the right product means that the client is satisfied that the product meets their needs. This implies that the product has been developed in accordance with the requirements and specifications provided by the client. It also suggests that the product functionality is free from defects and meets the expectations of the client. The satisfaction of the client is a crucial aspect in determining whether the product is the right fit for their needs.Rate this question:
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- 23.
Segmentation in IT product management are:
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Geographical - Demographic - Socio-economic – Psychographic – Behavioral
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Socio-economic – Psychographic – Behavioral - Geographical – Demographic
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Demographic - Socio-economic – Psychographic – Behavioral – Geographical
Correct Answer
A. Geographical - Demographic - Socio-economic – Psychographic – BehavioralExplanation
The correct answer is Geographical - Demographic - Socio-economic - Psychographic - Behavioral. This order represents the typical sequence of segmentation criteria used in IT product management. Geographical segmentation involves dividing the market based on location, while demographic segmentation considers factors such as age, gender, and income. Socio-economic segmentation looks at social class and occupation, and psychographic segmentation examines attitudes, values, and lifestyles. Finally, behavioral segmentation analyzes consumer behavior and usage patterns. This order allows for a more targeted and effective approach to product management by understanding the different dimensions that influence consumer behavior.Rate this question:
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- 24.
Contribution margin – formula is
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Income – expenses
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Revenue – Variable cost
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Profit – Net income
Correct Answer
A. Revenue – Variable costExplanation
The contribution margin is calculated by subtracting the variable costs from the revenue generated. It represents the amount of revenue that is available to cover fixed costs and contribute to profit. By subtracting the variable costs from the revenue, the company can determine how much each unit sold contributes towards covering the fixed costs and generating profit.Rate this question:
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- 25.
Contribution margin ratio
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Income – expenses / income
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Profit – net income/ profit
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Revenue – Variable cost/ revenue
Correct Answer
A. Revenue – Variable cost/ revenueExplanation
The correct answer is Revenue - Variable cost/ revenue. This formula calculates the contribution margin ratio, which is a measure of profitability. It shows the percentage of each dollar of revenue that is available to cover fixed costs and contribute to profit. By subtracting the variable costs from the revenue and then dividing by the revenue, we can determine the contribution margin ratio. This ratio is useful for analyzing the impact of changes in sales volume or price on the overall profitability of a business.Rate this question:
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- 26.
Net churn
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Net Churn = visitors / customers
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Net MRR Churn = total customers / net income
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Net MRR Churn: (Churned MRR - Expansion MRR) / BOP MRR
Correct Answer
A. Net MRR Churn: (Churned MRR - Expansion MRR) / BOP MRRExplanation
Net MRR Churn is a metric used to measure the rate at which a company is losing or gaining revenue from its customers. It calculates the difference between the revenue lost from churned customers and the revenue gained from expansion (upselling or cross-selling) activities, divided by the Monthly Recurring Revenue (MRR) at the beginning of the period (BOP MRR). This formula provides insights into the overall health of the business by considering both customer churn and revenue expansion. A positive value indicates that the company is losing more revenue than it is gaining, while a negative value suggests that the company is growing its revenue through expansion activities.Rate this question:
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- 27.
HEART – Google methodology
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Happiness, Engagement, Adoption, Retention, Task Success
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Happiness, Entertainment, Average, Revenue, Theory
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Happiness, Engagement, Abstract, Retention, Threats
Correct Answer
A. Happiness, Engagement, Adoption, Retention, Task SuccessExplanation
The correct answer is Happiness, Engagement, Adoption, Retention, Task Success. This is because these factors are commonly used in the Google methodology to measure the success and effectiveness of a product or service. Happiness refers to the overall satisfaction and positive experience of users, while engagement measures the level of involvement and interaction. Adoption indicates the rate at which users adopt and use the product, while retention measures the ability to retain users over time. Task success evaluates the effectiveness of the product in helping users achieve their goals.Rate this question:
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- 28.
Which of the following is not an activity associated with the specification phase?
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Eliciting requirements
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Gathering requirements
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Expressing requirements
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Managing requirements
Correct Answer
A. Gathering requirementsExplanation
The specification phase is focused on defining the requirements and specifications for a project. Activities in this phase typically include eliciting, expressing, and managing requirements. However, gathering requirements is not typically considered a separate activity in the specification phase, as it is often seen as a part of the elicitation and expression process.Rate this question:
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- 29.
An association that represents senior citizens with diabetes, has approached your team to develop a mobile application, that will allow seniors to track their blood-glucose levels. The representative from the association specified that users will all be above the age of 65. Also, the application must be easy enough to use without assistance. What features could you add to the product, that would better accommodate its end-user?
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Voice Command
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Many menus
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Large Text
Correct Answer(s)
A. Voice Command
A. Large TextExplanation
To better accommodate the end-users, the product could include voice command functionality, allowing seniors to navigate and interact with the application using voice prompts instead of complex menus. Additionally, incorporating large text options would make it easier for seniors with visual impairments to read and understand the information displayed on the application. These features would enhance the user experience and ensure that the application is accessible and user-friendly for the target audience of senior citizens with diabetes.Rate this question:
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- 30.
You need to effectively monitor, analyze, and review the progress of your project, so you:
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Monitor velocity to help in continuously adjusting plans.
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Can boost morale before crunch time comes.
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Use your gut feelings to assess the project status.
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Track ongoing work to ensure management knows the status.
Correct Answer
A. Monitor velocity to help in continuously adjusting plans.Explanation
Monitoring velocity is an effective way to continuously adjust plans in a project. Velocity refers to the rate at which work is being completed by the team. By monitoring velocity, project managers can assess the team's productivity and make necessary adjustments to the project plans. This allows for better resource allocation, identifying potential bottlenecks, and ensuring that the project stays on track. It is a data-driven approach that helps in making informed decisions and optimizing project progress.Rate this question:
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- 31.
Sales Payback Period
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CAC / (ARPA * GP Margin)
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Revenue/Expenses
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LTV/Net Churn
Correct Answer
A. CAC / (ARPA * GP Margin)Explanation
The given formula CAC / (ARPA * GP Margin) calculates the Sales Payback Period. CAC stands for Customer Acquisition Cost, ARPA represents Average Revenue Per Account, and GP Margin denotes Gross Profit Margin. By dividing CAC by the product of ARPA and GP Margin, this formula helps determine the time it takes for a company to recoup its customer acquisition costs through the generated revenue. A shorter payback period indicates a more efficient sales strategy and higher profitability.Rate this question:
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- 32.
Let’s imagine writing an essay as a software engineering activity. If the completed essay is the output work product. What do you think would be the best input work products?
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Time and money
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An outline and notes previously generated on the topic
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A computer and keyboard
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A researcher and a writer
Correct Answer
A. An outline and notes previously generated on the topicExplanation
An outline and notes previously generated on the topic would be the best input work products for writing an essay as a software engineering activity. These materials provide a foundation and structure for the essay, allowing the writer to organize their thoughts and ideas. They serve as a guide and reference throughout the writing process, ensuring that the essay stays focused and coherent. Additionally, the outline and notes save time and effort as the writer doesn't have to start from scratch and can build upon the existing information.Rate this question:
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- 33.
Carley just built her first iteration of her product, and now has a first generation working product prototype. She intends on adding to this prototype in further increments. The test users are critical of the initial prototype. After seeing the product design, they suggest a different approach that uses some of the features that were already built. This is called what type of prototyping?
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Working
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Illustrative
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Throwaway
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Incremental
Correct Answer
A. IncrementalExplanation
Incremental prototyping is the type of prototyping where the initial prototype is built and then further improvements or additions are made in subsequent iterations. In this case, Carley has built a first generation working product prototype and intends to add to it in further increments based on the feedback from test users. The suggestion of the test users to use some of the features that were already built aligns with the concept of incremental prototyping, as it involves building upon existing functionality and making iterative improvements.Rate this question:
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- 34.
You are given a storyboard that has 10 different pages. From the home page there are 4 arrows each pointing to a different page. There are 2 pages that have arrows pointing to the home page. There are 18 arrows total on the storyboard. How many pages are directly accessible from the home page?
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10 pages
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4 pages
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2 pages
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18 pages
Correct Answer
A. 4 pagesExplanation
From the given information, we know that there are 4 arrows pointing from the home page to different pages. These arrows represent the pages that are directly accessible from the home page. Therefore, the correct answer is 4 pages.Rate this question:
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- 35.
As a software product manager, you could be interacting with many business units, such as the executive, marketing, and support. Day to day, however, you mostly focus on representing the needs of two parties, _____ and _____.
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Development team
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CEO
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End-user
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Client
Correct Answer(s)
A. Development team
A. ClientExplanation
As a software product manager, your main role is to bridge the gap between the development team and the client. You act as a liaison between these two parties, representing the needs and requirements of the client to the development team, and ensuring that the development team understands and delivers on those needs. This involves gathering feedback from clients, understanding their goals and objectives, and effectively communicating these to the development team. By doing so, you help to align the development process with the client's expectations and ensure that the end product meets their requirements.Rate this question:
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- 36.
Break-even point – formula is
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Fixed cost/contribution margin ratio
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Total cost/income
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Flexible cost/total margin
Correct Answer
A. Fixed cost/contribution margin ratioExplanation
The formula for calculating the break-even point is the fixed cost divided by the contribution margin ratio. The fixed cost refers to the expenses that do not change regardless of the level of production or sales. The contribution margin ratio is the difference between the selling price and the variable cost, divided by the selling price. By dividing the fixed cost by the contribution margin ratio, we can determine the level of sales needed to cover all fixed costs and start generating profit.Rate this question:
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- 37.
Please define lower level of sales funnel in IT product management
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Pipeline
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Upside
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Commit
Correct Answer
A. CommitExplanation
The lower level of the sales funnel in IT product management is referred to as the "Commit" stage. This stage represents the point in the sales process where the potential customer has made a firm commitment to purchase the product. It indicates that the prospect has moved beyond the initial interest and evaluation stages and is now ready to proceed with the purchase. At this stage, the sales team can focus on finalizing the deal and ensuring a smooth transition to the implementation and onboarding phases.Rate this question:
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- 38.
Let’s say your team is developing a mobile app that allows users to search for food and drink specials at local restaurants.The ‘sprint goal’ for this iteration is to set up the user interface. This is everything that the enduser will see and interact with. Halfway through development for the iteration, the client sends you an email that they’ve changed their mind and they want the main colors of the application to be blue and white instead of red and black. This is a quick fix for the development team. The client also requests that they want the application to now support ads that pop up on the screen. Which of these changes can be made in the current iteration?
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The color change
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Popup ads
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Both of them
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Neither of them
Correct Answer
A. The color changeExplanation
The color change can be made in the current iteration because it is a quick fix that can be implemented without major changes to the user interface. It does not require additional functionality or significant development effort. On the other hand, adding popup ads would require implementing new functionality and modifying the user interface, which may not be feasible within the current iteration's timeframe. Therefore, the color change is a more realistic and achievable change to make in the current iteration.Rate this question:
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- 39.
In Scrum, what is the step which happens after requirements have been elicited and expressed from the client and placed in a large list, also known as the product backlog?
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Development
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Requirements prioritization
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Product architecture design
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Further requirements elicitation
Correct Answer
A. Requirements prioritizationExplanation
After the requirements have been elicited and expressed from the client and placed in a large list, the next step in Scrum is requirements prioritization. This involves analyzing and prioritizing the requirements based on their importance and value to the client and the project. By prioritizing the requirements, the team can focus on delivering the most valuable features first and ensure that the product backlog is organized in a way that maximizes customer satisfaction and project success.Rate this question:
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- 40.
Which of the following would be considered an external interface requirement?
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The product must be able to communicate to a customer database and an ad server
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The product must be able to remain on battery power for 6 hours
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The product must be able to withstand impact from a drop of no less than 50 meters
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The product must withstand full sunlight for 10 hours per day
Correct Answer
A. The product must be able to communicate to a customer database and an ad serverExplanation
An external interface requirement refers to the capability of a product to interact with external systems or entities. In this case, the requirement states that the product must be able to communicate with a customer database and an ad server. This implies that the product needs to have the necessary interfaces or protocols to establish communication and exchange data with these external systems.Rate this question:
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- 41.
Imagine that you’re building a software product, in which users are able to choose eyeglasses to purchase from the client’s website. Which of the following user stories would be considered epics for this product?
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As an eyeglass wearer, I want to see, so that I can slay dragons!
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As an eyeglass wearer, I want to purchase new eyeglasses, so that I can get them in the mail quickly
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As an eyeglass wearer, I want to view a list of eyeglasses available for purchase
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As an eyeglass wearer, I want to see prices of eyeglasses available for purchase
Correct Answer
A. As an eyeglass wearer, I want to purchase new eyeglasses, so that I can get them in the mail quicklyExplanation
The user story "As an eyeglass wearer, I want to purchase new eyeglasses, so that I can get them in the mail quickly" would be considered an epic for this product because it represents a high-level user goal that requires multiple smaller stories or tasks to be completed in order to achieve it. It involves the entire process of purchasing new eyeglasses, including browsing the available options, selecting the desired pair, providing shipping information, and ensuring quick delivery.Rate this question:
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- 42.
Planning initially involves using information from ___ for developers to devise needed tasks and make time estimates.
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Requirements
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Calendars
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Schedules
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Delivery targets
Correct Answer
A. RequirementsExplanation
Planning involves using information from requirements for developers to devise needed tasks and make time estimates. Requirements provide the necessary information about what needs to be accomplished and the desired outcome of the project. By understanding the requirements, developers can determine the specific tasks that need to be completed and estimate the time required for each task. This information is crucial for effective planning and successful project execution.Rate this question:
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- 43.
As an Agile principle, what is the primary measure of progress in the project?
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Working software
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Technical excellence
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Sustainable development
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Satisfying the customer
Correct Answer
A. Working softwareExplanation
The primary measure of progress in an Agile project is working software. This means that the focus is on delivering tangible and functional software at regular intervals. It emphasizes the importance of producing a working product that can be tested, reviewed, and used by stakeholders. This measure of progress ensures that the project is moving forward and delivering value to the customer. Technical excellence, sustainable development, and satisfying the customer are important aspects of Agile, but they are secondary to the primary measure of working software.Rate this question:
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- 44.
Please, provide examples of the unit fundamental business measurement
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Production, developing company
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Service providing company only SaaS base
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Manufacturing company only by CAPEX base
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Merchandising or manufacturing company, Service provider
Correct Answer
A. Merchandising or manufacturing company, Service providerExplanation
Examples of fundamental business measurements for a merchandising or manufacturing company would include sales revenue, cost of goods sold, inventory turnover, and gross profit margin. For a service provider, fundamental business measurements could include billable hours, customer satisfaction ratings, revenue per client, and average service delivery time. These measurements are essential for assessing the financial performance, operational efficiency, and overall success of these types of businesses.Rate this question:
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- 45.
Gross Churn
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Gross MRR Churn = Churned MRR / BOP MRR Gross Customer Churn = Churned Customers / BOP Customers
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Gross Churn = visitors / customers Gross Customer Churn = Churned visitors / BOP Customers
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Gross MRR Churn = total customers / net income Gross Customer Churn = Churned visitors / Customers
Correct Answer
A. Gross MRR Churn = Churned MRR / BOP MRR Gross Customer Churn = Churned Customers / BOP CustomersExplanation
The correct answer is Gross MRR Churn = Churned MRR / BOP MRR. This formula calculates the gross monthly recurring revenue (MRR) churn rate, which represents the amount of MRR lost from churned customers divided by the beginning of period (BOP) MRR. It provides a measure of the financial impact of customer churn on the business. Similarly, the formula Gross Customer Churn = Churned Customers / BOP Customers calculates the gross customer churn rate, which represents the percentage of customers lost during a period divided by the BOP customer count. Both of these formulas help businesses understand the rate at which they are losing revenue and customers due to churn.Rate this question:
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- 46.
RICE methodology abbreviation
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Revenue – income – cost - entity
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Reach - impact – confidence – effort
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Research – intercom – cost – effort
Correct Answer
A. Reach - impact – confidence – effortExplanation
The correct answer is "Reach - impact - confidence - effort". This is the correct order of the components in the RICE methodology abbreviation. RICE stands for Reach, Impact, Confidence, and Effort. Reach refers to the number of people who will be affected by the project, Impact measures the potential impact on the users or business, Confidence represents the level of certainty in the estimates, and Effort indicates the amount of time and resources required for the project.Rate this question:
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- 47.
What is abbreviation of RICE method in IT product management?
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Revenue – Implementation – Cost – Environment
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Reach – Impact – Confidence – Effort
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Risk – Investment – Customization – Effort
Correct Answer
A. Reach – Impact – Confidence – EffortExplanation
The correct answer is "Reach - Impact - Confidence - Effort." The RICE method in IT product management is a prioritization framework used to evaluate and rank potential projects or features based on four factors: Reach (how many users will be affected), Impact (how much will the feature or project improve key metrics), Confidence (how certain are we about the estimates), and Effort (how much time and resources will it take to complete). This method helps product managers make data-driven decisions and prioritize their work effectively.Rate this question:
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- 48.
What is formula of RICE method in IT product management?
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R x I / C + E
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R x I / C x E
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R x I x C / E
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Option 4
Correct Answer
A. R x I x C / EExplanation
The correct formula for the RICE method in IT product management is R x I x C / E. This formula is used to prioritize features or projects based on four factors: Reach, Impact, Confidence, and Effort. Reach refers to the number of users or customers that will be affected by the feature, Impact measures the potential benefit or value of the feature, Confidence represents the certainty or confidence in the estimates, and Effort represents the amount of time, resources, or cost required to implement the feature. By calculating R x I x C / E, product managers can determine the priority of different features or projects.Rate this question:
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- 49.
Which of the following express the role of requirements in Agile?
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Requirements are moderately important. It’s more important to define deadlines
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Requirements are not at all important. Agile is a process for writing code
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Requirements should be defined up front and do not change
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Requirements are important, and should be able to change throughout development
Correct Answer
A. Requirements are important, and should be able to change throughout developmentExplanation
Agile development emphasizes the importance of requirements and acknowledges that they can change throughout the development process. Unlike traditional development methods, where requirements are typically defined upfront and considered fixed, Agile recognizes that requirements can evolve as new information and feedback are received. This flexibility allows Agile teams to adapt and respond to changing customer needs and market conditions, ultimately delivering a product that better meets the stakeholders' expectations.Rate this question:
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Current Version
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Mar 20, 2023Quiz Edited by
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Dec 25, 2019Quiz Created by
Daniyar