Your product’s current value is low and your most recent three releases have failed to improve the current value, but the unrealized value of the Product is high.
– Your product cost ratio is 85%, meaning that you have a very low capacity to deliver new features.
– Your time-to-market is also quite long.
As a Product Owner focused on the long-term viability of your product, which strategy should you pursue?
(choose the best answer)
A. Drop the product, since you have not been able to improve customer satisfaction, it is better to focus on some other opportunity.
B. Focus on identifying and delivering high-value features with the limited capacity you have, trying to win customers and increase revenue.
C. Seek out and eliminate the sources of waste to improve your Product Cost Ratio and Time to Market, building a foundation for future innovation.

Which of the following statements about the Product Backlog are true?
(choose the best two answers)
A. The Product Backlog should be visible to the Scrum Team and stakeholders.
B. All Product Backlog items must be identified before the first Sprint begins.
C. Only the Product Owner can place items on the Product Backlog.
D. The Product Backlog is ordered by the Product Owner.
E. The Product Backlog represents the input of all stakeholders and eliminates any need for the Developers to speak to stakeholders.
F. All Product Backlog items must be expressed as user stories.

What might indicate to a Product Owner that they need to work more with the Scrum Team?
(choose the best answer)
A. She is not working full time with the Scrum Team.
B. The Increment presented at the Sprint Review does not reflect what she thought she had asked for.
C. People leave the Scrum Team.
D. The acceptance criteria do not appear to be complete.

When should a Sprint Goal be created?
(choose all that apply)
A. During Sprint Planning.
B. It should have been created in the previous Sprint during Product Backlog refinement.
C. A Sprint Goal is not mandatory in Scrum.
D. At any time during the Sprint.
E. It must be established before Sprint Planning in order to begin planning.

A Product Backlog is:
(choose the best three answers)
A. An inventory of things to be done.
B. Ordered based on priority, value, dependencies, and risk.
C. An exhaustive list of requirements to be implemented.
D. Managed by the Product Owner.
E. Only visible to the Product Owner and stakeholders.

Consider the following three statements:
– Product A has a greater potential market than Product B.
– Product A has a lower customer satisfaction than Product B.
– Product B produces more revenue at the present time.
Given this information which of the following investment strategies should you consider for these two products?
(choose the best answer)
A. For both products, continually measure the impact of any new investments or marketing.
B. Invest in Product A to increase its market share, customer satisfaction, and revenue.
C. Increase marketing for Product B to grow its market share.
D. All of the above.