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Scaled Agile Exam SAFe-APM Topic 3 Question 2 Discussion

Actual exam question for Scaled Agile's SAFe Agile Product Manager (APM 5.1) exam
Question #: 2
Topic #: 3
[All SAFe Agile Product Manager (APM 5.1) Questions]

Which is a good example of a pivot that would indicate that Customers want to pay in a different way?

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Suggested Answer: C

A value exchange pivot is a type of pivot that changes the way customers pay for the product or service, or the way the business generates revenue from the product or service. A value exchange pivot would indicate that customers want to pay in a different way, because it reflects a change in the customer preferences, behavior, or expectations regarding the payment method, frequency, or amount. For example, a business may pivot from a one-time purchase model to a subscription model, or from a fixed-price model to a pay-per-use model, based on the customer feedback and data.


Pivot: This article from the Scaled Agile Framework defines the concept and purpose of pivot, and how it helps to validate or invalidate the assumptions and hypotheses of a product or service using experiments and feedback.

The 10 Types of Startup Pivots: This article from Forbes provides an overview of the 10 types of startup pivots, and how they can help entrepreneurs adapt and innovate in response to the market and customer needs. It also provides some examples of successful pivots by well-known companies.

Contribute your Thoughts:

Tyra
5 days ago
I agree with Mitsue. A value exchange pivot seems like the most relevant option. If customers are telling us they want to pay in a different way, that's a clear indication that we need to rethink our value proposition and how we're monetizing it.
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Mitsue
7 days ago
Hmm, this is an interesting question. I think a value exchange pivot would be a good example here. If customers start asking for different payment methods or pricing models, that could be a sign that the value we're providing isn't quite matching what they're willing to pay for.
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