Svs service value system Study guides, Class notes & Summaries
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ITIL 4 Foundation Exam Questions & Answers 2024/2025
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ITIL 4 Foundation Exam Questions & Answers 2024/2025 
 
 
ITIL - ANSWERSDescribes 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 - ANSWERSITIL 
 
ITIL Service Value System - ANSWERSITIL SVS 
 
ITIL SVS - ANSWERSDescribes how the components and activities of an organization interact to create value through IT-enabled services 
 
- ITIL...
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ITIL 4 Exam Questions and correct answers 100% graded A+ 2023
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ITIL 4 Exam Questions and correct answers 100% graded A+ 20232) 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 possi...
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WGU C846 Quizzes with correct answers graded A+ 2023/2024
- Exam (elaborations) • 19 pages • 2023
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WGU C846 QuizzesThe 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. - correct answer the...
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ITIL 4 Foundation Q& A
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ITIL - Answer- 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 - Answer- ITIL 
 
ITIL Service Value System - Answer- ITIL SVS 
 
ITIL SVS - Answer- 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...
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WGU C846: Questions and answers, VERIFIED | 29 Pages
- Exam (elaborations) • 29 pages • 2023
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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: Questions and answers, 100% Accurate, VERIFIED. RATED A+
- Exam (elaborations) • 19 pages • 2023
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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...
-
WGU C846 Correct Questions & Answers
- Exam (elaborations) • 13 pages • 2023
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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. - ANSWER the various components and ...
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ITIL 4 Foundation questions with correct answers
- Exam (elaborations) • 36 pages • 2023
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ITIL - Answer 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 - Answer ITIL 
 
ITIL Service Value System - Answer ITIL SVS 
 
ITIL SVS - Answer Describes how the components and activities of an organization interact to create value through IT-enabled services 
 
- ITIL Service Value Chain 
- ITIL Practices 
- ITIL Gui...
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ITIL 4 questions with correct answers
- Exam (elaborations) • 36 pages • 2023
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Four Dimensions Model - Answer The four dimensions model is a key component of the ITIL 4 framework that serves to ensure a holistic approach to service management. Each component of the SVS should be considered and evaluated according to all four dimensions, which consist of organizations and people, information and technology, partners and suppliers, and value streams and processes. 
 
Organizations and People 
Information and Technology 
Partners and Suppliers 
Value Streams and Processes 
...
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ITIL 4 CERTIFICATION STUDY GUIDE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/[LATEST EXAM UPDATES]
- Exam (elaborations) • 26 pages • 2024
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ITIL 4 CERTIFICATION STUDY GUIDE EXAM REVIEW 
QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ 
Structures of the Service Value System (SVS) 
• Guiding principles 
• Governance 
• Service Value Chain 
• Practices 
• Continual Improvment 
What is the Service Value System Input? 
Opportunity/Demand 
What is the Service Value System Output? 
Value 
Four Dimensions of SVS 
• Organizations and People 
• Information and Technology 
• Partners and Suppliers 
• Value Streams and Processes ...
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