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Exam ITILFND V4 All Questions

View all questions & answers for the ITILFND V4 exam

Exam ITILFND V4 topic 1 question 6 discussion

Actual exam question from ITIL's ITILFND V4
Question #: 6
Topic #: 1
[All ITILFND V4 Questions]

Which statement about the service value chain is CORRECT?

  • A. The service value chain converts value into demand
  • B. Each value chain activity uses different combinations of practices to convert inputs into outputs
  • C. Each value chain activity identifies a requirement for resources from an external supplier
  • D. The service value chain uses value streams to describe a combination of consumers and providers
Show Suggested Answer Hide Answer
Suggested Answer: B 🗳️

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Ansisy
Highly Voted 2 years, 1 month ago
B - 4.5 Service value chain: ...Each activity transforms inputs into outputs .... To convert inputs into outputs, the value chain activities use different combinations of ITIL practices (sets of resources for performing certain types of work), drawing on internal or third-party resources, processes, skills, and competencies as required.
upvoted 14 times
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Traktark
Most Recent 2 months ago
Selected Answer: B
The correct answer is B. Each value chain activity uses different combinations of practices to convert inputs into outputs. In the ITIL 4 framework, the service value chain is a key concept that represents the set of interconnected activities performed by an organization to deliver value to its customers. The service value chain consists of six core activities: Plan, Improve, Engage, Design and Transition, Obtain/Build, and Deliver and Support. Option B is correct because each value chain activity utilizes different combinations of ITIL practices to transform inputs into outputs. The practices represent the specific actions, methods, and approaches employed within each activity to achieve the desired outcomes. These practices are selected and adapted based on the specific needs and context of the organization.
upvoted 4 times
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HJafa
2 months ago
Selected Answer: B
B is the correct answer- people are mistranslating "It outlines the key activities required to create value in response to demand, " so the input is the demand, and the output is the value, not the other way around. A is wrong.
upvoted 1 times
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sudhee23101986
2 months ago
Selected Answer: B
In ITIL 4, the service value chain is a concept that illustrates how different activities contribute to the creation and delivery of value to customers. Each activity in the value chain utilizes various ITIL practices in combination to transform inputs into outputs that ultimately result in the creation of value for customers. These practices are applied differently at each stage of the value chain to achieve specific outcomes and objectives.
upvoted 1 times
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ManikRoy
2 months ago
Selected Answer: B
Refer chapter 4.5 To convert inputs into outputs, the value chain activities use different combinations of ITIL practices (sets of resources for performing certain types of work), drawing on internal or third-party resources, processes, skills, and competencies as required. For example, the engage activity might draw on supplier management, service desk management, relationship management, and service request management to respond to new demands for products and services, or information from various stakeholders.
upvoted 1 times
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NetMasterX
10 months ago
Selected Answer: A
I diagram of the SVC clearly shows Demand to Value. Practices are at the SVS level.
upvoted 1 times
KimoKono
9 months ago
It's the other way around my friend, demand/requests/opportunity to Value im sorry but the SVC diagram flows from left to right.
upvoted 2 times
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Baazigar
10 months, 1 week ago
B - The service value chain is a core component of the ITIL 4 framework, and it consists of a set of interconnected activities that transform inputs into outputs. These activities use various ITIL practices in different combinations depending on the specific requirements of the service or the value being delivered. The service value chain is flexible and allows for a wide range of approaches to creating and delivering value through services.
upvoted 1 times
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ricjmagalhaes
1 year ago
Is B The A is wrong, because is the opposite> The service value chain converts demand into value
upvoted 3 times
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evoken
1 year, 5 months ago
Selected Answer: B
GPT: es, each value chain activity uses different combinations of practices to convert inputs into outputs. ITIL 4 defines 34 practices, which are classified as general management practices, service management practices, and technical management practices
upvoted 1 times
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MrTargaryen
1 year, 5 months ago
Selected Answer: A
A - outlines the key activities required to respond to demand.
upvoted 2 times
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VorteXPT
1 year, 7 months ago
Selected Answer: B
Voting for B
upvoted 2 times
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HanniA
1 year, 8 months ago
A- The service value chain is an operating model for the creation, delivery and ongoing improvement of services. It outlines the key activities required to create value in response to demand, through the creation and delivery of products and services
upvoted 1 times
jtphenom
11 months, 2 weeks ago
"...required to create value *in response to demand*..." That is a very different statement than "..."convert value into demand" Demand leads to the creation of value. Value doesn't convert into demand.
upvoted 1 times
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