Product Management Core Skills Quiz

To maximize short-term profits

To create sustainable competitive advantage

To improve customer service metrics

To streamline development processes

Metrics that measure long-term success

Metrics that track competitor performance

Short-term indicators that predict long-term success

Metrics that measure market share

They cost less to implement

They accelerate learning and innovation

They are easier to manage

They require fewer resources

Always prioritize revenue metrics

Avoid any negative impact on metrics

Make conscious decisions based on strategy

Focus only on customer satisfaction

By following competitor moves

Through iterative hypothesis testing

By implementing industry best practices

Through extensive market research only

It should be the only factor considered

It should inform but not dictate decisions

It should be used only for major decisions

It should be secondary to intuition

Focus on incremental improvements

Wait for customer requests

Balance incremental and radical innovation

Prioritize radical changes only

Through customer satisfaction scores only

Through revenue metrics only

Through a balanced scorecard of metrics

Through market share only