Svs service value system Study guides, Class notes & Summaries
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ITIL 4 Foundation | 267 Questions with 100% correct answers | Verified
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ITIL - Describes how the components and activities of an organization interact to create value 
through IT-enabled services 
This formerly stood for "Information Technology Infrastructure Library" but is no longer an acronym - 
ITIL 
ITIL Service Value System - ITIL SVS 
ITIL SVS - Describes how the components and activities of an organization interact to create value 
through IT-enabled services 
- ITIL Service Value Chain 
- ITIL Practices 
- ITIL Guiding Principles 
- Governance 
- Continua...
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ITIL 4 FOUNDATIONS EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+[LATEST EXAM UPDATES]
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ITIL 4 FOUNDATIONS EXAM REVIEW QUESTIONS AND 
ANSWERS, GRADED A+ 
PESTLE (list) - Political 
Economic 
Social 
Technological 
Legal 
Environmental 
4 dimensions of service management - organizations & people 
information & technology 
partners & suppliers 
value streams & processes 
components of the service value system - inputs: 
-opportunity 
-demand 
components: 
-7 guiding principles 
-governance 
-service value chain 
-34 ITIL practices 
-continual improvement 
output: 
-value 
service v...
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WGU C846 - Business of IT - Applications Questions With Correctly Answered Solutions 2024.
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WGU C846 - Business of IT - Applications Questions With Correctly Answered Solutions 2024. 
ITIL - correct answer An IT service management (ITSM) framework that gives direction to an organization and people to utilize IT as a tool to encourage business change, transformation, and development. 
 
Service Value System (SVS) - correct answer Describes how the components and activities of an organization interact to enable value creation. Core components include: 
 
- Service value chain 
- ITIL pra...
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WGU C846 Quizzes | 78 Questions with 100% Correct Answers | Verified | Latest Update | 25 Pages
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The SVS (service value system) represents how: 
A) the various components and activities of the organization work together to facilitate value 
creation through IT-enabled services. 
B) processes work together to create value in the form of useful products for customers. 
C) various functions and processes work together to output products that are valuable to 
customers. 
D) departments within the IT service provider work together to create value for consumers. - 
the various components and acti...
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WGU C846 Quizzes Questions with complete solution 2023/2024
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WGU C846 Quizzes Questions with complete solution 2023/2024 
The SVS (service value system) represents how: 
A) the various components and activities of the organization work together to facilitate value creation through IT-enabled services. 
B) processes work together to create value in the form of useful products for customers. 
C) various functions and processes work together to output products that are valuable to customers. 
D) departments within the IT service provider work together to cre...
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WGU C846 Questions With Correctly Solved Solutions 2024.
- Exam (elaborations) • 19 pages • 2024
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WGU C846 Questions With Correctly Solved Solutions 2024. 
The SVS (service value system) represents how: 
A) the various components and activities of the organization work together to facilitate value creation through IT-enabled services. 
B) processes work together to create value in the form of useful products for customers. 
C) various functions and processes work together to output products that are valuable to customers. 
D) departments within the IT service provider work together to create...
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ITIL 4 FOUNDATION CHAPTER 1 EXAM 2024 WITH 100% CORRECT ANSWERS
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ITIL (Information Technology Infrastructure Library) - correct answer A best practice guidance for IT service management. Origin of England in the late 1980s. 
 
itSMF (IT Service Management Forum) - correct answer The itSMF is a global non-profit organization that supports IT service management, particularly through publications in the ITSM Library series. 
 
AXELOS - correct answer The organization responsible for developing and managing a portfolio of best practice methodologies, including IT...
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WGU C846: Quizzes Latest 2024 Questions with 100% Correct Answers | Verified | Latest Update | 100% Pass
- Exam (elaborations) • 31 pages • 2024
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The SVS (service value system) represents how: 
A) the various components and activities of the organization work together to facilitate 
value creation through IT-enabled services. 
B) processes work together to create value in the form of useful products for customers. 
C) various functions and processes work together to output products that are valuable 
to customers. 
D) departments within the IT service provider work together to create value for consumers. 
the various components and activi...
-
ITIL 4 Exam Questions and answers graded A+ 2023 VERIFIED TO PASS
- Exam (elaborations) • 22 pages • 2023
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ITIL 4 Exam Questions2) Which term describes the functionality offered by a service? 
 
A. Cost 
B. Utility 
C. Warranty 
D. Risk 
A. Incorrect. Cost is "The amount of money spent on a specific activity or resource." Ref 2.5.2 
B. Correct. Utility is "The functionality offered by a product or service." Ref 2.5.4 
C. Incorrect. Warranty is "Assurance that a product or service will meet agreed requirements". Ref 2.5.4 
D. Incorrect. A risk is "A possible event that could cause harm or loss,...
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ITIL 4 Foundation (A+ Graded already)
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ITIL correct answers Describes how the components and activities of an organization interact to create value through IT-enabled services 
 
This formerly stood for "Information Technology Infrastructure Library" but is no longer an acronym correct answers ITIL 
 
ITIL Service Value System correct answers ITIL SVS 
 
ITIL SVS correct answers Describes how the components and activities of an organization interact to create value through IT-enabled services 
 
- ITIL Service Value Chain 
- ITIL P...
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