How would you reset product strategy after a budget cut?

Instruction: Answer this as if an interviewer asked it directly. Emphasize tradeoffs, context, and how you would apply the concept in practice.

Context: Tests deeper PM judgment beyond definitions. Strong answers should connect the concept to tradeoffs, context, and real decision-making.

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If an enterprise product team takes a real budget cut, I would narrow the strategy to the work that protects core customer value, important commitments, and near-term business health...

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