It understands your Languages and obeys your spoken commands. The creature is friendly to you and your companions.
If the space where the creature would appear is occupied by other Creatures or Objects, or if there isn't enough space for the creature, the figurine doesn't become a creature. If you use an action to speak the Command word and throw the figurine to a point on the ground within 60 feet of you, the figurine becomes a living creature.
A figurine of wondrous power is a statuette of a beast small enough to fit in a pocket.