4 Purpose/Components of Service Value System Flashcards

1 question (13 cards)

1
Q

The ITIL __________ describes how all the components and activities of the organization work together as
a system to enable value creation.

A

service value system

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2
Q

Each organization’s __________ has interfaces with other organizations, forming an ecosystem that can in turn facilitate value for those organizations, their customers, and other stakeholders.

A

service value system

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3
Q

__________ - The possibility to add value for stakeholders or to improve the organization.

A

opportunity

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4
Q

__________ - The need or desire for products and services from internal and external customers.

A

demand

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5
Q

_________ - The perceived benefits, usefulness and importance of something.

A

value

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6
Q

_________ - Recommendations that guide an organization in all circumstances,
regardless of changes in its goals, strategies, type of work, or management structure.

A

guiding principles

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7
Q

_________ - The means by which an organization is directed and controlled.

A

governance

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8
Q

____________ - A set of interconnected activities that an organization performs to deliver a valuable product or service to its consumers and to facilitate value realization.

A

service value chain

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9
Q

________ - Sets of organizational resources designed for performing work or accomplishing an objective.

A

practices

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10
Q

_________ - A recurring organizational activity performed at all levels to ensure that an organization’s performance continually meets stakeholders’ expectations.

A

continual improvement

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11
Q

What components does the service value system (SVS) include?

A

-guiding principles
-governance
-service value chain
-practices
-continual improvement

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12
Q

The key inputs to the SVS are ______ and ______

A

opportunity and demand

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13
Q

The outcome of the service value system (SVS) is ____

A

value

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