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Scaled Agile SAFe-APM Exam Syllabus Topics:
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Latest SAFe-APM Exam Notes - SAFe-APM Certification Torrent
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Scaled Agile SAFe Agile Product Manager (APM 5.1) Sample Questions (Q23-Q28):
NEW QUESTION # 23
Who commonly facilitates the PO Sync event?
- A. A Scrum Master/Team Coach (SM/TC)
- B. A Release Train Engineer (RTE)
- C. An Agile Coach
- D. A Solution Train Engineer (STE)
Answer: B
Explanation:
The PO Sync is an ART event used to gain visibility into the ART's progress toward meeting its PI objectives and to make any necessary adjustments. The PO Sync is commonly facilitated by the Release Train Engineer (RTE), who is the servant leader and chief Scrum Master for the ART. The RTE helps to coordinate the PO Sync by inviting the Product Owners and Product Management, setting the agenda, managing the timebox, and resolving any impediments or conflicts.
References:
* Product Owner (PO) Sync - Scaled Agile Framework
* Release Train Engineer and Solution Train Engineer - Scaled Agile Framework
* 5 Practices to Start Scaling Agile by Mike Hall | Agile Velocity
NEW QUESTION # 24
The business wants to avoid losing Customers. A new Feature to address that could be placed in which category?
- A. Operational efficiency
- B. New business
- C. Up-sell
- D. Retainment
Answer: D
Explanation:
Retainment is the category of a new feature that aims to keep existing customers loyal and satisfied with the product or service, and prevent them from switching to competitors or alternatives. Retainment features can include loyalty programs, referral incentives, customer feedback mechanisms, personalized offers, and improved customer service. Retainment features can help the business reduce customer churn, increase customer lifetime value, and enhance customer advocacy.
Reference:
Feature Categories: This article from the Scaled Agile Framework explains the concept and purpose of feature categories, and how they can help product teams prioritize and communicate the value of features. It also describes the four main feature categories: new business, up-sell, operational efficiency, and retainment.
How to Stop Losing Customers: 6 Proven Ways | Pressfarm: This article from Pressfarm provides some practical tips and examples of how to stop losing customers and increase customer retention, such as staying connected, offering excellent customer experience, and providing value-added services.
NEW QUESTION # 25
What is a key factor in determining the value of a market segment?
- A. The amount Customers are willing to pay for products or services
- B. Availability of materials and people in sufficient quantities
- C. Time criticality in product delivery
- D. Where the products and services will be sold
Answer: A
Explanation:
The value of a market segment is determined by the potential revenue and profit that can be generated from selling products or services to that segment. One of the key factors that influences the value of a market segment is the amount customers are willing to pay for products or services, which reflects their perceived value and price sensitivity. Customers who are willing to pay more for products or services that meet their needs and preferences are more valuable than customers who are willing to pay less or switch to cheaper alternatives. Therefore, understanding the customer's willingness to pay is essential for setting optimal prices and maximizing the value of a market segment.
References:
* Market Segmentation: Definition, Example, Types, Benefits: This article from Investopedia explains the concept and purpose of market segmentation, and describes the four primary types of market segmentation: demographic, geographic, psychographic, and behavioral.
* Value-based Market Segmentation - Divide Markets into Value Categories: This article from Marketing Insider provides a detailed guide on how to conduct a value-based market segmentation, which is based on the actual value perceived and delivered to customers. It also discusses the benefits and challenges of value-based market segmentation, and provides some examples and best practices.
* Market Segmentation: Definition, Types, Benefits, & Best Practices: This article from Qualtrics XM provides an overview of market segmentation, and discusses the benefits and best practices of market segmentation for businesses. It also provides some examples and tips on how to segment markets effectively.
NEW QUESTION # 26
What is a key factor in determining the value of a market segment?
- A. The amount Customers are willing to pay for products or services
- B. Availability of materials and people in sufficient quantities
- C. Time criticality in product delivery
- D. Where the products and services will be sold
Answer: A
Explanation:
The value of a market segment is determined by the potential revenue and profit that can be generated from selling products or services to that segment. One of the key factors that influences the value of a market segment is the amount customers are willing to pay for products or services, which reflects their perceived value and price sensitivity. Customers who are willing to pay more for products or services that meet their needs and preferences are more valuable than customers who are willing to pay less or switch to cheaper alternatives. Therefore, understanding the customer's willingness to pay is essential for setting optimal prices and maximizing the value of a market segment.
Reference:
Market Segmentation: Definition, Example, Types, Benefits: This article from Investopedia explains the concept and purpose of market segmentation, and describes the four primary types of market segmentation: demographic, geographic, psychographic, and behavioral.
Value-based Market Segmentation - Divide Markets into Value Categories: This article from Marketing Insider provides a detailed guide on how to conduct a value-based market segmentation, which is based on the actual value perceived and delivered to customers. It also discusses the benefits and challenges of value-based market segmentation, and provides some examples and best practices.
Market Segmentation: Definition, Types, Benefits, & Best Practices: This article from Qualtrics XM provides an overview of market segmentation, and discusses the benefits and best practices of market segmentation for businesses. It also provides some examples and tips on how to segment markets effectively.
NEW QUESTION # 27
Why is it important for every business to allocate funding to investment horizon 3?
- A. To improve existing products so income exceeds costs
- B. To ensure necessary investment is allocated to retire an existing product
- C. To create future products that can create new revenue streams
- D. To identify the Features in the users of the product like most
Answer: C
Explanation:
Investment horizon 3 is the longest-term horizon that focuses on exploring and developing breakthrough innovations that can create new markets and revenue streams for the business. It is important for every business to allocate funding to investment horizon 3, because it enables the business to anticipate and respond to the changing customer needs, technological trends, and competitive threats, and to secure its future growth and survival. Investment horizon 3 requires a high level of creativity, experimentation, and risk tolerance, but it can also generate a high level of return and differentiation.
Reference:
Horizon Planning: This article from the Scaled Agile Framework explains the concept and purpose of horizon planning, and describes the four horizons and their characteristics, challenges, and best practices.
SAFe's investment horizon model - A synopsis: This article from Medium provides a summary of the SAFe investment horizon model, and illustrates how it can help organizations allocate their resources and manage their portfolio.
Enduring Ideas: The three horizons of growth | McKinsey: This article from McKinsey presents the original framework of the three horizons of growth, and discusses how it can help businesses balance their current and future opportunities and challenges.
NEW QUESTION # 28
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