Vocab Flashcards

1
Q

Service management

A

A set of specialized oraganizational capabilities for enabling value to customers in the form of service

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2
Q

Value

A

PERCIEVED benefits, usefulness, and importance of something

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3
Q

Customer

A

Defines requirements for service

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4
Q

User

A

A person who uses a service

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5
Q

Sponsor

A

Authorizes the budget for service

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6
Q

Supplier

A

External partner who provides services to the organization

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7
Q

Organization

A

A group of people that has its own functions responsibilities and authorizes to achieve specific objectives

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8
Q

Services

A

The means of enabling value co-creation by facilitating outcomes that customers want to achieve without the customer having to manage specific costs and risks

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9
Q

Product

A

A configuration of resources created by organization that will be valuable to customers

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10
Q

Service offering

A

Specific mix of services and products sold to a specific customer

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11
Q

Goods

A

Ownership to transferred over to a customer

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12
Q

Access to resources

A

Customer is allowed to use it

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13
Q

Service actions

A

Things service provider do for customer

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14
Q

Output

A

Tangible or intangible deliverable of an activity

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15
Q

Outcome

A

Is the results for the stakeholder

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16
Q

Cost

A

Can be removed from customer(value proposition) or imposed on customer(service consumption)

17
Q

Risk

A

Uncertain of outcome good or bad or opportunity or hazard

18
Q

Utility

A

Functionality of a product

19
Q

Warranty

A

Fit for use is it good enough to be continually used