SaaS SaaS Product Management and Development 2

Question 1

What is a 'minimum viable product' (MVP) in the context of SaaS development?

Accepted Answer

A product with just enough features to gather validated learning from early customers

Answer

The cheapest version of a product that can be built

Answer

A product that meets minimum regulatory compliance requirements

Answer

A prototype shared only with internal stakeholders

Question 2

Which SaaS development approach emphasizes continuous delivery of small increments with frequent customer feedback loops?

Accepted Answer

Agile

Answer

Waterfall

Answer

Big Bang

Answer

V-Model

Question 3

What is 'feature creep' and why is it particularly risky in SaaS?

Accepted Answer

The uncontrolled growth of product scope that increases complexity and costs

Answer

A security exploit targeting new features

Answer

A bug introduced when features interact unexpectedly

Answer

A gradual decline in feature usage over time

Question 4

What role does a 'product roadmap' play in SaaS product management?

Accepted Answer

It is a high-level visual plan that communicates product direction and priorities over time

Answer

It is a legally binding delivery commitment to customers

Answer

It replaces the sprint backlog in agile teams

Answer

It documents the technical architecture of the product

Question 5

When measuring SaaS product engagement, what does 'DAU/MAU ratio' indicate?

Accepted Answer

The ratio of daily active users to monthly active users, showing product stickiness

Answer

The ratio of daily app updates to monthly releases

Answer

Daily average usage minutes divided by monthly active users

Answer

The percentage of users who upgrade from daily to monthly billing

Question 6

In SaaS, what is 'technical debt' and how does it affect product velocity?

Accepted Answer

Accumulated shortcuts in code that make future changes harder and slower

Answer

Outstanding invoices from infrastructure vendors

Answer

The cost of migrating legacy customers to new features

Answer

Bugs that have been logged but not yet fixed

Question 7

Which of the following best describes 'continuous deployment' in a SaaS context?

Accepted Answer

Deploying code to production automatically after passing all automated tests

Answer

Scheduling releases monthly after manual QA approval

Answer

Deploying to staging environments only until a quarterly release window

Answer

Continuously training deployment engineers on new tooling