PRODUCT 1

PRODUCT 1

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36 Qs

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PRODUCT 1

PRODUCT 1

Assessment

Quiz

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others

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Practice Problem

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Hard

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36 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Product Management is the general business practice within a company that supports and manages all the activities related to planning, developing, marketing, and launching a product.

PRODUCT MANAGEMENT
PRODUCT MANAGER
DEVELOPMENT DEPARTMENT

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Product Management role usually falls within the

PRODUCT MANAGEMENT
PRODUCT MANAGER
PRODUCT DEVELOPMENT DEPARTMENT

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the job of looking after a specific product within a business. It's a role at the very heart of an organization that needs to balance the need to deliver value to your company (usually profit) with what customers want and what's technically and operationally possible.

PRODUCT MANAGEMENT
PRODUCT MANAGER
PRODUCT DEVELOPMENT DEPARTMENT

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

set various production goals to synchronize their team to meet production deadlines. These goals vary based on a company's needs, such as how many products they typically sell and their product diversity. Setting these goals can provide many benefits that help these managers handle their overall job duties,

PRODUCT MANAGEMENT
PRODUCT MANAGER
PRODUCT DEVELOPMENT DEPARTMENT

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Setting goals may minimize production inefficiencies, such as overproduction. For example, product managers may set production goals based on market expectations to produce products that require shorter storage and production times.

Minimize production inefficiencies
Help produce better products
Properly market a product or service
Improve customer experience

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This helps product managers save money on manufacturing and delivering goods and focus on creating only what the market can support. They can also create goals for increasing production after hitting specific sales goals, helping a company improve its manufacturing and delivery options.

Minimize production inefficiencies
Help produce better products
Properly market a product or service
Improve customer experience

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

help managers ensure higher-quality products for customers. For example, they may set quality assurance goals, like increasing product lifespan by 10% with better materials, that help produce items that last longer and work better.

Minimize production inefficiencies
Help produce better products
Properly market a product or service
Improve customer experience

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