"I'd approach this first with a clarifying questions geared towards fraud prevention as these are going to be important to actually finding a root solution. I'd want to take cues from the interviewer in order to then identify potential hypotheses.
Clarifying questions:
How is fraud calculated? It's important to clarify the metric used to know that fraud is increasing. For example, is this a percent of all customers or transactions?
Is the fraud that the merchant reported confirmed fraud"
Michelle D. - "I'd approach this first with a clarifying questions geared towards fraud prevention as these are going to be important to actually finding a root solution. I'd want to take cues from the interviewer in order to then identify potential hypotheses.
Clarifying questions:
How is fraud calculated? It's important to clarify the metric used to know that fraud is increasing. For example, is this a percent of all customers or transactions?
Is the fraud that the merchant reported confirmed fraud"See full answer
"Answering only estimation portion for practice (for some reason after submitting the formatting is unorganized)
clarification and assumptions
can I assume this grocery store location is called Greens
can I assume that self-checkout means that customers checks out without assistance?
can I assume that cashier checkout means that cashier assists customers with checkout?
can I assume that ratio means how man self-checkouts should be place at this grocery store compare"
Ama M. - "Answering only estimation portion for practice (for some reason after submitting the formatting is unorganized)
clarification and assumptions
can I assume this grocery store location is called Greens
can I assume that self-checkout means that customers checks out without assistance?
can I assume that cashier checkout means that cashier assists customers with checkout?
can I assume that ratio means how man self-checkouts should be place at this grocery store compare"See full answer
"Sounds like interesting problem! First I'd like to clarify a few things....
Clarify/Find Constraints.
WHO - who are we improving the post-booking experience for? restaurant visitors? or restaurant staff who view reservations? new vs existing users?
WHAT - what do we mean by improve? is there a specific metric we're looking to improve upon (user experience? increasing show-up rate? booking a second time? etc.?) confirm process/JTBD - are we referring to the standard OpenTab"
Maya B. - "Sounds like interesting problem! First I'd like to clarify a few things....
Clarify/Find Constraints.
WHO - who are we improving the post-booking experience for? restaurant visitors? or restaurant staff who view reservations? new vs existing users?
WHAT - what do we mean by improve? is there a specific metric we're looking to improve upon (user experience? increasing show-up rate? booking a second time? etc.?) confirm process/JTBD - are we referring to the standard OpenTab"See full answer
"Background
A. Objective
Lyft has a presence in Toledo, Ohio. At our current revenue per ride of $6, we can match 60% consumers requesting a ride with a driver. Our goal is to maximize net revenues in the next 12 months by figuring out the optimal revenue per ride.
B. TLDR Summary
· With a target market of (~100K-138K) consumers, on a $25 charge to consumers, Lyft should pay $20.75 to drivers and fix its share at $4.25 to maximize its net revenues over a 12-mont"
Eshan P. - "Background
A. Objective
Lyft has a presence in Toledo, Ohio. At our current revenue per ride of $6, we can match 60% consumers requesting a ride with a driver. Our goal is to maximize net revenues in the next 12 months by figuring out the optimal revenue per ride.
B. TLDR Summary
· With a target market of (~100K-138K) consumers, on a $25 charge to consumers, Lyft should pay $20.75 to drivers and fix its share at $4.25 to maximize its net revenues over a 12-mont"See full answer
"Assumptions:
Geo: US
Channels: Both Mobile/Web
Includes Stocks and other kinds of tradable financial instruments
Product for end users and not for FB employees to trade stocks or financial Instruments
Separate App or integrated within the FB Blue App? Integrated within the Blue App
Constraints:None
Why might this make sense for FB?
Recently with the advent of free retail trading platforms like Robinhood stock trading has been democratized and common people, young and old, hav"
TurboPM - "Assumptions:
Geo: US
Channels: Both Mobile/Web
Includes Stocks and other kinds of tradable financial instruments
Product for end users and not for FB employees to trade stocks or financial Instruments
Separate App or integrated within the FB Blue App? Integrated within the Blue App
Constraints:None
Why might this make sense for FB?
Recently with the advent of free retail trading platforms like Robinhood stock trading has been democratized and common people, young and old, hav"See full answer
Product Design
🧠 Want an expert answer to a question? Saving questions lets us know what content to make next.
"How about this one...
Situation:
In my previous Organization, I was PM of Financial services- Business Loans. I was building the user journey and end to end process. We were in middle of development and I got one more product to work on - BNPL (Buy Now Pay Later).
Tasks:
I was asked to provide the roadmap , rough wireframes, guess estimates (No of engineers required) and by when we can ship the MVP. Need not to mention but as startups always have resource constrains and tight deadli"
Veronica S. - "How about this one...
Situation:
In my previous Organization, I was PM of Financial services- Business Loans. I was building the user journey and end to end process. We were in middle of development and I got one more product to work on - BNPL (Buy Now Pay Later).
Tasks:
I was asked to provide the roadmap , rough wireframes, guess estimates (No of engineers required) and by when we can ship the MVP. Need not to mention but as startups always have resource constrains and tight deadli"See full answer
"Before diving into the Solution, I would ask a few clarifying questions.
What is the scope of the fake news
What type of fake news are we focusing on - Political, Health-related, etc
Are we looking at specific examples or a general category of fake news
When you say impact, what do you mean by that? Is it time spent on posts, the nature of the engagement (e.g., likes, shares, comments), and the sentiment of the comments?
User Demographics:
what is the demographic pr"
Bhavna S. - "Before diving into the Solution, I would ask a few clarifying questions.
What is the scope of the fake news
What type of fake news are we focusing on - Political, Health-related, etc
Are we looking at specific examples or a general category of fake news
When you say impact, what do you mean by that? Is it time spent on posts, the nature of the engagement (e.g., likes, shares, comments), and the sentiment of the comments?
User Demographics:
what is the demographic pr"See full answer
"App I Don’t Like: Electrify America
What Electrify America Is Supposed to Do
Electrify America is an app designed to help electric vehicle (EV) owners locate, access, and pay for fast-charging stations across the U.S. The app provides real-time station availability, allows users to initiate and monitor charging sessions, and offers membership plans for discounted rates. Ideally, it should enable a seamless charging experience, especially for long-distance travelers relying on i"
fuzzyicecream14 - "App I Don’t Like: Electrify America
What Electrify America Is Supposed to Do
Electrify America is an app designed to help electric vehicle (EV) owners locate, access, and pay for fast-charging stations across the U.S. The app provides real-time station availability, allows users to initiate and monitor charging sessions, and offers membership plans for discounted rates. Ideally, it should enable a seamless charging experience, especially for long-distance travelers relying on i"See full answer
"The opening of people spending a lot time on Facebook is way too long. Almost half time of the video.
The analysis of Facebook business model should be very brief. People know Facebook business model.
Maximize the ads display while balancing the user experience is the key. She can drive to this point much faster.
Segmentation of user group feels irrelevant to the question.
I would answer the question in a different way.
Ads revenue is the single most revenue stream for Facebook. So we c"
Zhi C. - "The opening of people spending a lot time on Facebook is way too long. Almost half time of the video.
The analysis of Facebook business model should be very brief. People know Facebook business model.
Maximize the ads display while balancing the user experience is the key. She can drive to this point much faster.
Segmentation of user group feels irrelevant to the question.
I would answer the question in a different way.
Ads revenue is the single most revenue stream for Facebook. So we c"See full answer
"Use a representative of each, e.g. sort the string and add it to the value of a hashmap> where we put all the words that belong to the same anagram together."
Gaston B. - "Use a representative of each, e.g. sort the string and add it to the value of a hashmap> where we put all the words that belong to the same anagram together."See full answer
"For this answer, I'm assuming that I'm a PM who has just started at this company. I assume this product is a growing start-up and that's why I wasn't familiar prior to taking the role.
Understand the business, mission, and product's context:
Understand the company mission, values, vision
Understand any near-term/long term company goals
Meet & listen to key stakeholders & decision makers
Build relationship with team members
Understand who the first 'sale' or 'bu"
Bailey O. - "For this answer, I'm assuming that I'm a PM who has just started at this company. I assume this product is a growing start-up and that's why I wasn't familiar prior to taking the role.
Understand the business, mission, and product's context:
Understand the company mission, values, vision
Understand any near-term/long term company goals
Meet & listen to key stakeholders & decision makers
Build relationship with team members
Understand who the first 'sale' or 'bu"See full answer
"Clarifying questions (since there is no interviewer to clarify, I will state and make my assumptions below):
Is this an app for park-goers, Six Flags employees, or some other stakeholder?
Assumption: this is an app for park-goers
Is there an age-limit on the app?
Assumption: There is no specific age-limit, but it should be family friendly
Will this app be standardized across all Six Flags locations?
Assumption: yes
To design this product, I will explain my thought proces"
Izzy K. - "Clarifying questions (since there is no interviewer to clarify, I will state and make my assumptions below):
Is this an app for park-goers, Six Flags employees, or some other stakeholder?
Assumption: this is an app for park-goers
Is there an age-limit on the app?
Assumption: There is no specific age-limit, but it should be family friendly
Will this app be standardized across all Six Flags locations?
Assumption: yes
To design this product, I will explain my thought proces"See full answer
"Situation : During my time in my previous company, I was leading a program which involved a cross-functional team. The project was to migrate all the legacy servers to Azure and had a tight deadline of 4 months. Each team had distinct goals and responsibilites to be delivered
Task : My task was to collaborate with the multi regional team and ensure a smooth delivery within the defined budget and schedule.
Action : I believe communication is the key to handle a cross-functional team"
Oriole O. - "Situation : During my time in my previous company, I was leading a program which involved a cross-functional team. The project was to migrate all the legacy servers to Azure and had a tight deadline of 4 months. Each team had distinct goals and responsibilites to be delivered
Task : My task was to collaborate with the multi regional team and ensure a smooth delivery within the defined budget and schedule.
Action : I believe communication is the key to handle a cross-functional team"See full answer
"At a high level, the core challenge here revolves around building an effective recommendation algorithm for news.
News is an inherently diverse category, spanning various topics and catering to a wide array of user types and personas, such as adults, business professionals, general readers, or specific cohorts with unique interests. Consequently, developing a single, one-size-fits-all recommendation algorithm is not feasible.
To enhance the personalization of the news recommendation algorithm,"
Sai vuppalapati M. - "At a high level, the core challenge here revolves around building an effective recommendation algorithm for news.
News is an inherently diverse category, spanning various topics and catering to a wide array of user types and personas, such as adults, business professionals, general readers, or specific cohorts with unique interests. Consequently, developing a single, one-size-fits-all recommendation algorithm is not feasible.
To enhance the personalization of the news recommendation algorithm,"See full answer
"Clarifying Questions
What is meant by art-related product? Is it a product where art can be shared by creators and viewed by viewers? Yes
What is art? It can be painting, song, video creators etc.
Meta
Mission: To form a worldwide community
Goals:
Brings creators and viewers worldwide
To strengthen the Meta community
Strengths
Social network
Users
Creators (L, L, L)
Viewers (L, L, L)
User Journey
1."
Shiv C. - "Clarifying Questions
What is meant by art-related product? Is it a product where art can be shared by creators and viewed by viewers? Yes
What is art? It can be painting, song, video creators etc.
Meta
Mission: To form a worldwide community
Goals:
Brings creators and viewers worldwide
To strengthen the Meta community
Strengths
Social network
Users
Creators (L, L, L)
Viewers (L, L, L)
User Journey
1."See full answer
"Clarify: I'm assuming that a workplace chat app is similar to something like Slack or Teams, which is a web app/mobile platform for employees to securely message each other directly or in a grouping (i.e. a channel). I'm also assuming that this workplace app is for a generic company, and not Microsoft or Salesforce.
Goals: Workplace apps serve a vital connective tissue within enterprises to allow employees to freely message one another and collaborate on projects. These services a"
William D. - "Clarify: I'm assuming that a workplace chat app is similar to something like Slack or Teams, which is a web app/mobile platform for employees to securely message each other directly or in a grouping (i.e. a channel). I'm also assuming that this workplace app is for a generic company, and not Microsoft or Salesforce.
Goals: Workplace apps serve a vital connective tissue within enterprises to allow employees to freely message one another and collaborate on projects. These services a"See full answer