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1. Cloud Kicks' existing customers are loyal, but the company believes its total addressable market is larger.
What should their strategy designer explore to increase market share?
A) Deepening customer engagement
B) Reinvesting in existing products
C) Diversifying product offerings
2. Cloud Kicks (CK) wants to prototype and test the value proposition for a potential new business venture.
When gathering customer feedback on the prototype, which question should CK seek answers to when determining if the business model is viable?
A) Would customers recommend this to a friend?
B) What are customers willing to pay?
C) How would customers improve the experience?
3. A strategy designer is working on a project with budget constraints. Many of the variables and decisions are unclear in the early stages of design What should be their approach in terms of bringing skills and talent?
A) Bring in team members with strong problem solving skills.
B) Staff heavily from the development phase until the go to market phase.
C) Define additional leads for each functional area.
4. A strategy designer at Cloud Kicks (CK) has crafted a vision for a sustainable future digital commerce strategy, with an emphasis on efficiency for both users and business logistics.
As they design and develop CK*s new mobile app, how should the designer ensure alignment to the vision?
A) Research design patterns applicable to digital commerce and business logistics.
B) Establish KPIs and instill checkpoints in the product development process.
C) Design a usability testing recruit plan that leans heavily on environmentalists.
5. The design team at Cloud Kicks is in the early stages of exploring an idea for a wearable device to track customers activity during workouts.
They employ footwear designers and manufacturing experts, but they lack an engineer experienced in consumer hardware, What should the strategy designer do to determine whether or not to pursue this product idea?
A) Conduct an expert interview in consumer device engineering.
B) Perform secondary research on common hardware issues.
C) Hire an engineer with experience in consumer devices.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: A |
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