Online Access Free PAL-EBM Practice Test

Your new product sales are not growing as fast as competitors' sales and you don't know why. Which Key Value Areas would you evaluate to help you decide on the next steps?
(choose the best two answers)
Response:

• A.Ability to Innovate.
• B.Unrealized Value.
• C.Current Value.
• D.Time to Market.

True or False: You don't need to mandate clear measurements and success standards for a hypothesis; it is ok to experiment just see what happens.
Response:

• A.False
• B.True

An organization is currently having difficulties delivering new releases of their products in a timely manner. When asked, the teams say that they need to share team members across different teams and products in order for a team to get their work done. At least one team needs help from a member of another team at any point in time.
Which of the following would be the most appropriate response?
(choose the best answer)
Response:

• A.Create project plans for each of the products to include how to coordinate between teams and team members.
• B.Reduce the number of products in order to help improve focus and reduce dependencies between teams.
• C.Work with HR to hire more people to increase the capacity of the teams.
• D.All of the above.
• E.None of the above.

For which type of problem domain is an empirical approach most helpful?
(choose the best answer)
Response:

• A.Chaotic problems, in which the relationship between cause and effect is not clear.
• B.Complicated problems, in which the relationship between cause and effect can be understood through some analysis.
• C.Complex problems, in which the relationship between cause and effect are only understandable with experience.
• D.Simple problems, in which the relationship between cause and effect is known.

Creating a culture of continuous improvement puts organizations on the path to competitive advantage.
Response:

• A.TRUE
• B.FALSE