P1000-004 Online Practice Questions and Answers

What feature is only available with IBM Watson Commerce Insights Standard Edition?

A. Commerce Insights Explorer

B. Commerce Insights Analyzer

C. Commerce Insights Assistant

D. Commerce Insights Navigator

Which business value statement regarding IBM Watson Commerce Insights capabilities is correct?

A. Delivers a personalized view of data and insights in context of the customer experience, finds hidden opportunities, and takes direct merchandising action based on insights gleaned without switching context or tools.

B. Delivers quick integration with all other Watson Customer Engagements applications, such as Dynamic Pricing and Watson Campaign Automation, under a fully customizable Commerce experience.

C. Integrates all of the available product data and product images into one database that is then easily searchable using Watson Content Hub.

D. Provides a single, personalized view of data and insights, gleamed from automated reporting of internal POS data, performs cognitive pricing actions, and optimizes promotions based on customizable revenue targets.

Which target Buyer wants to create personalized and seamless digital customer experiences, while being able to respond to market changes based on insight, thereby improving customer engagement, loyalty and conversion rates?

A. VP of Store Operations

B. VP of Supply Chain

C. Director of Information Technology

D. VP of eCommerce

What is the key target market for IBM Dynamic Pricing?

A. Manufacturing companies with many different parts and prices

B. Brick and mortar retailers

C. Healthcare and insurance providers

D. Online retailers

Which challenge does IBM Configure Price Quote's approval process pipeline address for a VP of Sales?

A. Standardize quotes and reduce the amount of time required to approve quotes

B. Enable field sellers to create and approve promotions during the quoting process

C. Reduce error rates in the quoting process

D. Quickly view and sell recommended Items that will complement existing products

Which is a key differentiator between the differing levels of packaging for IBM Watson Commerce Insights?

A. The number of order lines included.

B. The service hours included for training.

C. The ability to switch between contextual views.

D. The number of users allowed to access the instance.

When meeting with the VP of Merchandising about IBM Watson Commerce Insights, which prospecting question would be MOST appropriate?

A. How valuable would it be to see real-time site metrics and business data, in context of the customer experience?

B. What is your biggest challenge in creating promotions that drive sales?

C. What are you looking for in a Commerce Platform?

D. What would it mean to your business if you could make and implement pricing changes in seconds not hours?

Which is a correct statement for IBM Configure Price Quote (CPQ)?

A. CPQ is used primarily in a B2C atmosphere to assist the users in selecting products.

B. CPQ is used to view all analytics around a B2C experience.

C. CPQ is used solely as a product and pricing catalog, and is not customer facing.

D. CPQ automates the selling process and simplifies the configuration of complex products and services.