Practice questions: https://productmanagementexercises.com/
This is generally your product process:
product process
Identify/check on the Mission of your organization ->
identity a real customer problem ->
create user stories ->
identify market's existing solutions ->
outline your unique solution ->
map out features and tasks ->
draw up sample ux ->
create a process for accountability ->
do measurement of features effectiveness ->
adjust strategy with that feedback ->
rinse and repeat
That's basically your end to end work when releasing something new from the ground up or adding features to an existing product.
If they ask you questions about product launch:
then describe pre launch, launch, and post launch activities
Concept to Market -
pre launch - You’re preparing for a successful launch. Activities that take sometime to complete prior to launch (e.g. partnerships) belong to here. Some of the activities I have memorized are: inbound marketing (SEO, social, content), outbound marketing (online ads, PR, offline ads, trade shows, conferences, etc), Partnerships (cobranding, cosales, distribution), Defining KPI’s
launch - Activities you have to do on the launch date or close to the launch date belong to this section. Some activities that I have in my head are: inbound marketing, outbound marketing, setting up web pages, working with distributors and resellers, press release, pricing strategy,
post launch - reflect on what’s been done. Determine if there was success / failure. Measure performance. Determine how the collected info can be used for the future.