This study source was downloaded by 100000857300661 from CourseHero.com on 11-16-2022 05:59:54 GMT -06:00https://www.coursehero.com/file/163153162/APM-50-Practice-Examdocx/ APM 5.0 Practice ExamScore: 98%1. Which statement is true about the business model canvas (BMC)?It is filled out and submitted for approvalIt only works for businesses, not for productsIf a product does not generate revenue, a BMC is not usefulIt is a tool to describe and evolve how value will be created2. What is an important step that increases confidence in the projected value of a market segment when integrating data from multiple sources?Keeping calculations transparent and continually updated as more accurate information becomes availableUnderstanding the impacts to the requirements, Solution Context, backlog, and the Architectural RunwayFocusing on internal Customers and analyzing the internal financial impactCollecting just enough data to elicit clear market segmentation value3. What is the most important information to communicate in a product Vision?Big, hairy, audacious goalsThe new technology platform requirementsHow life/work will improve by using this SolutionThe target release date4. Which is a good example of a pivot that would suggest customers want to pay in adifferent way?Customer problem pivotCustomer segment pivotValue exchange pivotFeature pivot5. It is important for Product Management to do what during the PI Planning event?Write stories for the