AIPMM CPM EXAMS LATEST 2025 PACKAGE DEAL|
DIFFERENT VERSIONS WITH COMPLETE REAL EXAM
QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) GRADED A+| AIPMM CPM
EXAM PREP 2025 (BRAND NEW!!)
Product Management .....ANSWER..... The organizational function
within a company dealing
with the thoughtful and proactive management of a product or
group of products throughout all stages and phases of the
product management lifecycle
Product Management Lifecycle .....ANSWER..... An integrated
framework of stages and
phases that all successful products must progress through.
Product Manager .....ANSWER..... An individual whose
organizational responsibility is to
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create and maintain the optimal amount of value for a product
or group of
products throughout the entire product management lifecycle
Product Marketing Manager .....ANSWER..... An individual that is
primarily tasked with
helping define and manage a product's image in the market.
Product Marketing
Managers bring increased focus to "go-to-market" activities by
supporting
customer acquisition and in-market activities during the Launch
and Deliver
phases of the product management lifecycle.
Product Portfolio .....ANSWER..... The entire range of products
and services developed and
distributed to consumers by an organization
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Product Roadmap .....ANSWER..... The visual representation of a
series of planned product
development activities illustrating future product releases on
either a calendar
or rolling-year basis.
Qualify Phase .....ANSWER..... The fourth phase of the product
management lifecycle, which
outlines the steps that need to be taken to ensure that the
product is ready to
launch.
Services .....ANSWER..... Intangible products sold to meet a
customer's needs.
Value Proposition .....ANSWER..... A statement that summarizes
the value a customer will
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receive by buying and using a product in comparison to other
available
options
Product Manager .....ANSWER..... Individual responsible for
getting product onto shelves
Product Marketing Manager .....ANSWER..... Individual
responsible for getting product off of shelves
Driver, Approver, Contributor, Informed .....ANSWER..... DACI
refers to
Cost Leadership Strategy .....ANSWER..... Porter's generic
strategies:
Lower Cost/Broad Target
Cost Focus Strategy .....ANSWER..... Porter's generic strategies:
Lower Cost/Narrow Target