Deck1 Flashcards

1
Q

configuration of resources, created by an organization, that will potentially be valuable for their customers

A

product

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2
Q

a person or group of people that have its own functions with responsibilities, authorities, and relationships to achieve its objectives

A

organization

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3
Q

role that defines the requirements for a service and takes responsibility for the outcomes of service consumption

A

customer

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4
Q

role that uses services

A

user

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5
Q

role that authorizes budget for service consumption; or organization or individual that provides financial or other support for an initiative

A

sponsor

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6
Q

a set of specialized organizational capabilities for enabling value for customers in the form of services

A

service management

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7
Q

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

A

service

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8
Q

perceived benefits, usefulness, and importance of something

A

value

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9
Q

result for a stakeholder enabled by one or more outputs

A

outcome

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10
Q

tangible of intangible deliverable of an activity

A

output

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11
Q

amount of money spent on a specific activity or resource

A

cost

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12
Q

a possible event that could cause harm or loss, or make it more difficult to achieve objectives (uncertainty of outcome)

A

risk

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13
Q

have the ownership transferred to a consumer

A

goods

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14
Q

does not have ownership transferred to a consumer

A

access

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15
Q

are performed by the provider to address a consumer need

A

actions

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16
Q

joint activities performed by a service provider and a service consumer to ensure continual value ; co-creation based on agreed and available service offerings

A

service relationship management

17
Q

formal description of one or more services, designed to address the needs of a target consumer group (may include goods, access to resources, and service actions)

A

service offering

18
Q

the activities performed by an organization to provide services, including management of the provider’s resources, configured to deliver the service; ensuring access to those resources for users; fulfillment of the agreed service actions; service level management; and continual improvement; may also includ the supply of goods

A

service provision

19
Q

the activities performed by an organization to consume services. it includes the management of the consumer’s resources needed to use the service, service actions perform by users, and the receiving (acquiring) or goods (if required)

A

service consumption

20
Q

functionality offered by a product or service to meet a particular need

what a service does (fit for purpose)

A

utility

21
Q

the assurance that a product or service will meet agreed requirements

how a service performs (fit for use)

A

warranty

22
Q

a model representing how all the components and activities of an organization work together to facilitate value creation

A

service value system (SVS)

23
Q

the innermost cub containing 6 main activities in the Service Value System

A

Service Value Chain

24
Q
A