Interview Flashcards

1
Q

What is the primary role of a product manager?

A

To define the vision and strategy for a product and ensure its successful development and launch.

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2
Q

True or False: A product manager is responsible for the technical development of a product.

A

False

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3
Q

Which of the following is NOT a key responsibility of a product manager? (a) Market research (b) Sales (c) Product roadmap planning (d) User feedback analysis

A

b

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4
Q

Fill in the blank: A product manager must balance the needs of _____, _____, and _____ to create a successful product.

A

customers, stakeholders, and the development team

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5
Q

What is a product roadmap?

A

A visual representation of the product strategy and the timeline for product development and releases.

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6
Q

Name one common framework used in product management for prioritizing features.

A

RICE (Reach, Impact, Confidence, Effort)

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7
Q

What is a Minimum Viable Product (MVP)?

A

A product with just enough features to satisfy early adopters and gather feedback for future development.

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8
Q

True or False: Product managers need to have a deep technical background.

A

False

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9
Q

Which skill is crucial for a product manager during stakeholder meetings?

A

Communication skills

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10
Q

What does the acronym ‘KPIs’ stand for?

A

Key Performance Indicators

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11
Q

Short answer: Why is user feedback important in product management?

A

It helps to understand customer needs and improve the product accordingly.

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12
Q

What is the purpose of a competitive analysis?

A

To understand the strengths and weaknesses of competitors and identify opportunities for differentiation.

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13
Q

Fill in the blank: A product manager’s success is often measured by the product’s _____ in the market.

A

performance

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14
Q

Which of the following is a common tool used for project management in product development? (a) Excel (b) JIRA (c) Photoshop (d) PowerPoint

A

b

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15
Q

True or False: Product managers are solely responsible for the marketing of a product.

A

False

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16
Q

What does ‘agile methodology’ refer to in product management?

A

A flexible approach to product development that promotes iterative progress through small, incremental changes.

17
Q

Short answer: What is the significance of a product’s value proposition?

A

It defines the unique benefits that a product offers to customers.

18
Q

What is the difference between a feature and a benefit?

A

A feature is a specific attribute of a product, while a benefit explains how that feature solves a problem or adds value for the user.

19
Q

Fill in the blank: In product management, _____ involves gathering and analyzing data to inform decisions.

20
Q

What is a user persona?

A

A fictional representation of a target user, based on research and data, to guide product development.

21
Q

True or False: A product manager should have a clear understanding of the target market.

22
Q

What is the role of a product backlog?

A

To prioritize and manage the list of tasks and features to be developed in a product.

23
Q

Name one common interview question for product manager candidates.

A

How do you prioritize features in a product roadmap?

24
Q

What is the objective of conducting A/B testing?

A

To compare two versions of a product to determine which one performs better.

25
Q

Fill in the blank: The _____ is the person responsible for delivering a product that meets market needs and business goals.

A

product manager