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This exam was created by a large language model. Please use it with caution, as inaccuracies may be present. Always verify critical information.

You are a product manager convinced that your new mobile app, designed for productivity, is a revolutionary concept. After its soft launch, you receive a mix of user feedback. How do you approach this feedback?

Select one option

Focus heavily on the testimonials from clients who loved the initial concept and downplay any negative feedback.

Systematically categorize all feedback, both positive and negative, to identify common themes for improvement.

Conduct A/B tests on different app features based on all feedback, letting data guide decisions.

Ask your most supportive users for more detailed positive reviews to counter any negative ones.

You are looking to buy a used car. The seller initially lists a car you like for $20,000. Based on your research, similar models typically sell for$ 12,000-$14,000. How do you start your negotiation?

Select one option

Offer $12,000, aligning with the low end of your research.

Offer $15,000, as it's a reasonable negotiation given their starting point.

State that you've seen similar cars for $13,000 and ask for their best price.

Research other cars first and come back later if you don't find a better deal.

You are a factory manager assessing the primary risks to your production line. Recently, there was a widely publicized industrial accident at another factory due to equipment malfunction. What risk do you prioritize in your immediate safety review?

Select one option

Conduct a comprehensive audit of all potential risks, including human error, supply chain issues, and equipment, based on historical data.

Focus on developing rigorous safety protocols for potential equipment failures, as you recently heard about a major factory accident on the news.

Consult with industry experts to identify the most common and impactful risks in your specific sector.

Prioritize training staff on general safety procedures, as most accidents are due to human factors.

Your company has invested $1 million into a new product development project over the past year. Recent market analysis shows declining demand for this type of product, and internal projections suggest it will likely only break even, or even lose money, if launched. What do you recommend?

Select one option

Cut losses and reallocate resources to a more promising project.

Launch the product as planned, hoping initial sales will defy projections.

Continue funding the project for another quarter, hoping it will eventually turn around, given how much has already been invested.

Conduct further market research to understand the declining demand before making a final decision.

Your city is facing a potential epidemic expected to kill 300 people if no action is taken. Two programs are proposed:

Option A: If Program A is adopted, 100 people will be saved.
Option B: If Program B is adopted, there is a 1/3 probability that 300 people will be saved, and a 2/3 probability that no people will be saved.

Which program do you support?

Select one option

Option A, because the idea of saving lives is more appealing than the risk of losing some.

Option B, because there's a chance to save everyone.

Both options are mathematically equivalent in terms of expected outcomes.

Neither, I would seek a third option.