Which of the following demonstrates a strong understanding of product management?

Following the Product Management Guide demonstrates a strong understanding of product management because it signifies adherence to established practices and principles that govern the field. The guide typically contains essential strategies and frameworks that assist managers in efficiently developing, launching, and managing products throughout their lifecycle. By utilizing such a resource, a manager can ensure that decisions are data-driven, customer-focused, and aligned with the broader goals of the organization.

In contrast, the other options indicate approaches that lack a comprehensive understanding of product management. Ignoring customer feedback disregards valuable insights that can help in refining products and enhancing customer satisfaction. Using outdated inventory methods suggests a failure to leverage modern best practices and technologies, potentially leading to inefficiencies. Focusing solely on promotions overlooks the importance of product quality, customer needs, and overall brand strategy, which are critical for long-term success in product management.