PROFESSIONAL SCRUM PRODUCT OWNER II ACTUAL EXAM TORRENT & PSPO-II DUMPS WILL FACILITATE EXAM SUCCESS

Professional Scrum Product Owner II actual exam torrent & PSPO-II dumps will facilitate exam success

Professional Scrum Product Owner II actual exam torrent & PSPO-II dumps will facilitate exam success

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Tags: PSPO-II Reliable Test Review, PSPO-II Online Tests, Valid Dumps PSPO-II Sheet, Authorized PSPO-II Pdf, Intereactive PSPO-II Testing Engine

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Scrum Professional Scrum Product Owner II Sample Questions (Q30-Q35):

NEW QUESTION # 30
In order to justify the price increase of a product, your primary objective should be to: (choose the best answer)

  • A. Add more features to make the product more attractive.
  • B. Reduce the price for a period of time before increasing it above the original price.
  • C. Reduce the number of features to make the product easier to use.
  • D. Improve the value experienced by the customer

Answer: D


NEW QUESTION # 31
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. Unmet customer needs.
  • B. Competitor pricing.
  • C. Company earnings targets.
  • D. Market share.
  • E. Customer satisfaction.
  • F. Channel sales strategy.

Answer: A,B,D,E

Explanation:
Explanation
The Product Owner is accountable for maximizing the value of the product resulting from the work of the Scrum Team. They are also accountable for effective Product Backlog management, which includes ordering the Product Backlog items to best achieve goals and missions1. The Product Owner should consider various sources of information to make informed decisions about the product, such as customer feedback, market trends, stakeholder input, and data analysis2.
When deciding whether to drop the price of the product, the Product Owner should consider the following sources of information:
* Customer satisfaction: The Product Owner should measure and monitor how satisfied the customers are with the product, and how likely they are to recommend it to others. Customer satisfaction is a key indicator of product value and quality, and it can also influence customer retention and loyalty. The Product Owner should use various methods to collect customer feedback, such as surveys, interviews, reviews, ratings, and net promoter score23.
* Market share: The Product Owner should track and compare the product's market share with its competitors and potential customers. Market share is the percentage of the total market that is captured by the product, and it reflects the product's popularity and demand. The Product Owner should use market research, sales data, and industry reports to analyze the market share and identify opportunities and threats24.
* Unmet customer needs: The Product Owner should identify and prioritize the customer needs that are not yet met by the product or its competitors. Unmet customer needs are the gaps or problems that the customers face, and that the product can solve or address. The Product Owner should use techniques such as user stories, personas, value proposition canvas, and jobs to be done to discover and validate the unmet customer needs25.
* Competitor pricing: The Product Owner should benchmark and compare the product's pricing with its competitors and alternatives. Competitor pricing is the amount of money that the customers have to pay to acquire or use a similar or substitute product. The Product Owner should use competitive analysis, price elasticity, and value-based pricing to determine the optimal pricing strategy for the product2 .
The other option, company earnings targets, is not a relevant source of information for the Product Owner, as it does not reflect the value or the demand of the product. The Product Owner should focus on delivering value to the customers and the stakeholders, rather than meeting arbitrary financial goals. The company earnings targets may also change over time, and they may not align with the product vision or the market reality2 .
References: 1: Scrum Guide 2: Managing Products with Agility 3: Customer Feedback 4: Market Share 5: Unmet Customer Needs : [Competitor Pricing] : [Company Earnings Targets]


NEW QUESTION # 32
The Evidence-Based Management framework helps you to: (choose the best answer)

  • A. Improve the predictability of Scrum Team velocity.
  • B. Understand whether your PMO is efficient.
  • C. Better track your progress against plans.
  • D. Improve your ability to deliver value.

Answer: D


NEW QUESTION # 33
Team A has a velocity of 50 with a Product Backlog of 140 points ordered by business value as perceived by stakeholders.
Delivery is expected in 6 Sprints. Will this project deliver the anticipated impact? (choose the best answer)

  • A. Yes
  • B. We do not know
  • C. No

Answer: B


NEW QUESTION # 34
A new competitor has arrived in your market and has been quickly gaining traction. They are able to release much faster than you and they are able to create better customer engagement and satisfaction rates with with each release.
What is the best first response? (choose the best answer)

  • A. Add features to your next release that you think will keep current customers as well as attract new customers.
  • B. Improve your Time-to-Market and Ability to Innovate in order to respond faster.
  • C. Move your product to a different market that is less competitive.
  • D. Reduce your product's price to make it more attractive.

Answer: B


NEW QUESTION # 35
......

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