"Great question! I think it's very important to teach kids about investment. Couple that with the trend of kids becoming tech savvy at a younger age, there's a big opportunity to design a useful product.
I'd like to start by breaking down the customer segment of "kids." I will assume that kids who will use this product come from more affluent backgrounds and their parents have investment accounts. We certainly could target kids from a lower socioeconomic background, but I think the barriers for"
Rika S. - "Great question! I think it's very important to teach kids about investment. Couple that with the trend of kids becoming tech savvy at a younger age, there's a big opportunity to design a useful product.
I'd like to start by breaking down the customer segment of "kids." I will assume that kids who will use this product come from more affluent backgrounds and their parents have investment accounts. We certainly could target kids from a lower socioeconomic background, but I think the barriers for"See full answer
"Opportunity cost, cost of improving the feature, and its's further benefits.
Overall business objective, Business stage. [Let's say we haven't acquired much of the customers, so thinking about improving the service won't be a good idea. We should try to scale when it is required.]"
Anonymous Muskox - "Opportunity cost, cost of improving the feature, and its's further benefits.
Overall business objective, Business stage. [Let's say we haven't acquired much of the customers, so thinking about improving the service won't be a good idea. We should try to scale when it is required.]"See full answer
"Clarifications
Shared laundry means there are a number of washers and dryers in a room, and anyone can pay to use those for one cycle
Assuming minimal hardware changes to washers and dryers
Goal: Improve customer satisfaction with the shared laundry experience
Metric: Customer satisfaction score (TBD)
Users:
Customers
Low volume (e.g. singles, young professionals etc.) (L, XL)
Medium volume (e.g. families with children or elderly etc.) (XL, S)
Large volume (e.g. re"
AspiringNoogler - "Clarifications
Shared laundry means there are a number of washers and dryers in a room, and anyone can pay to use those for one cycle
Assuming minimal hardware changes to washers and dryers
Goal: Improve customer satisfaction with the shared laundry experience
Metric: Customer satisfaction score (TBD)
Users:
Customers
Low volume (e.g. singles, young professionals etc.) (L, XL)
Medium volume (e.g. families with children or elderly etc.) (XL, S)
Large volume (e.g. re"See full answer
Product Manager
Product Design
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"Clarifications:
Do we consider window for any building or only residences? I will ignore windows in cars for complexity reasons.
Pardon my ignorance for not knowing the size and population of Tehran, Would you mind sharing some inputs or is it okay if pick some Randoms?
Analysis:
Tehran is ~300 sq. miles in terms of land area with an overall population of 9 MM with an average 3.5 members per household.
_I will be moving with windows for residences only and then gut check my response"
RockyBalboa - "Clarifications:
Do we consider window for any building or only residences? I will ignore windows in cars for complexity reasons.
Pardon my ignorance for not knowing the size and population of Tehran, Would you mind sharing some inputs or is it okay if pick some Randoms?
Analysis:
Tehran is ~300 sq. miles in terms of land area with an overall population of 9 MM with an average 3.5 members per household.
_I will be moving with windows for residences only and then gut check my response"See full answer
"Clarification Questions
Do we need to calculate what we are seeing and processing or we want to process our unconscious thoughts in the memory as well? [You can have ]
And we need to calculate the amount of storage for a person in single day? [Yes]
For more product management interview experience
https://technomanagers101.blogspot.com/
High Level Formula = (24 hours - 6 hours of sleep(assuming no processing))([(4 hours of Concentration)(3.5 GB/hr analogous to movie playing at 108"
Anonymous Muskox - "Clarification Questions
Do we need to calculate what we are seeing and processing or we want to process our unconscious thoughts in the memory as well? [You can have ]
And we need to calculate the amount of storage for a person in single day? [Yes]
For more product management interview experience
https://technomanagers101.blogspot.com/
High Level Formula = (24 hours - 6 hours of sleep(assuming no processing))([(4 hours of Concentration)(3.5 GB/hr analogous to movie playing at 108"See full answer
"Clarifying questions
Key value proposition of the product: an app that the blind can use to hail taxi service.
User type: fully blind people, based in the USA.
Form Factor: Mobile app for iOS and Android
Target market
Mobility is a basic human need. Currently, blind people are either dependent on others OR have to compromise on being mobile. -> Importance of problem is high
People need to visit multiple places in a day: work, leisure activities, social life etc. --> the frequency of"
Rahul J. - "Clarifying questions
Key value proposition of the product: an app that the blind can use to hail taxi service.
User type: fully blind people, based in the USA.
Form Factor: Mobile app for iOS and Android
Target market
Mobility is a basic human need. Currently, blind people are either dependent on others OR have to compromise on being mobile. -> Importance of problem is high
People need to visit multiple places in a day: work, leisure activities, social life etc. --> the frequency of"See full answer
"This is a Favorite Product question with a slight twist. We have a constraint: picking an enterprise app. Let's go over the Favorite Product formula before we begin:
Choose a product and briefly explain what it is
Who are the users?
What are their pain points?
How did competitors solve it in the past?
How does this product address these pain points differently and better?
How would you improve it/make it better?
Summarize
Let's start!
Choo"
Exponent - "This is a Favorite Product question with a slight twist. We have a constraint: picking an enterprise app. Let's go over the Favorite Product formula before we begin:
Choose a product and briefly explain what it is
Who are the users?
What are their pain points?
How did competitors solve it in the past?
How does this product address these pain points differently and better?
How would you improve it/make it better?
Summarize
Let's start!
Choo"See full answer
"This is a Diagnosis Question. The goal of Diagnosis questions is to test whether the interviewee is organized and logical in their product approach. It also tests whether the PM is exhaustive in causes for decreases and whether they provides realistic solutions to the problem.
Let's follow the Diagnosis Question formula:
Ask clarifying questions
Propose high level reasons for a drop
Gather context (TROPIC)
Establish a theory of probable cause
Test theories
"
Exponent - "This is a Diagnosis Question. The goal of Diagnosis questions is to test whether the interviewee is organized and logical in their product approach. It also tests whether the PM is exhaustive in causes for decreases and whether they provides realistic solutions to the problem.
Let's follow the Diagnosis Question formula:
Ask clarifying questions
Propose high level reasons for a drop
Gather context (TROPIC)
Establish a theory of probable cause
Test theories
"See full answer
"You should be able to identify this as a clear Strategy Question, which asks you to justify high-level business decisions and strategy. One thing to note is the interviewer said "briefly". Be concise and to the point. Here are some good arguments for the Youtube acquisition:
> There are a few reasons why Google would want to acquire YouTube. I'll go over a few of the main reasons why I think they went ahead with such a large acquisition. At the time of the YouTube acquisition, Google and You"
Exponent - "You should be able to identify this as a clear Strategy Question, which asks you to justify high-level business decisions and strategy. One thing to note is the interviewer said "briefly". Be concise and to the point. Here are some good arguments for the Youtube acquisition:
> There are a few reasons why Google would want to acquire YouTube. I'll go over a few of the main reasons why I think they went ahead with such a large acquisition. At the time of the YouTube acquisition, Google and You"See full answer