Discuss Scrum PSPO-II Exam Topic 2 Question 43

In order to justify the price increase of a product, your primary objective should be to:

(choose the best answer)

AReduce the price for a period of time before increasing it above the original price.

BImprove the value experienced by the customer.

CReduce the number of features to make the product easier to use.

DAdd more features to make the product more attractive.

Suggested Answer: B

According to the PSPO II resources, a product owner should optimize the value of the product and the work of the Scrum Team1.One way to do this is to improve the value experienced by the customer, which is the perception and evaluation of the product by the customer2.A price increase can be justified if the customer perceives that the product delivers more value than the cost3.This can be achieved by enhancing the product quality, functionality, usability, or design, or by providing additional benefits or services to the customer4. The other options are not effective ways to justify a price increase, as they may either reduce the value experienced by the customer, or increase the cost without increasing the value.Reference:

1:The Scrum Guide

2:User Experience

3:Value-Based Pricing

4:8 Techniques to Justify a Price Increase

:Justification for a Price Increase: Positioning For Success

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21 comments · newest first

Aliza 1 month ago

B is clear. Customers want to feel they're getting more.

Toshia 1 month ago

C is a bad idea. Less features? No way!

Casie 1 month ago

D could work, but more features can confuse users.

Truman 2 months ago

A seems risky. Reducing price first? Not sure.

Kris 2 months ago

Agreed! Improving value justifies the price hike.

Thomasena 2 months ago

I think B is the best choice. Value matters.

Johanna 2 months ago

B really resonates with me. Happy customers pay more!

Rikki 2 months ago

C seems counterproductive. Why reduce features?

Gracia 2 months ago

D could work too, but only if the features are useful.

Alease 3 months ago

A price drop before a hike? Sounds risky.

Denny 3 months ago

Agreed! Improving value makes customers feel good about spending more.

Pok 3 months ago

I think B is the best choice. Value is key.

Miesha 3 months ago

Wait, are we really saying reducing features is a good idea?

Erick 3 months ago

Totally agree with B! Value is key.

Glory 4 months ago

Adding features might confuse customers.

Skye 5 months ago

I think A could work too, but not sure.

Cordelia 5 months ago

B is definitely the way to go!

Casie 6 months ago

I feel like B is definitely the strongest option here. Justifying a price hike usually means showing customers they're getting more value, right?

Ernest 6 months ago

I keep second-guessing myself. Reducing features to simplify the product sounds tempting, but I feel like that might not justify a price increase.

Corazon 6 months ago

I'm not entirely sure, but I remember a similar question where we discussed how adding features could sometimes backfire. So maybe D isn't the best choice?

Filiberto 6 months ago

I think the best answer might be B, improving the value for the customer. That seems to align with what we practiced in class.

Scrum PSPO-II Exam - Topic 2 Question 43 Discussion