Practice Questions Flashcards
A service is a means of enabling value co-creation by facilitating __________ that customers want to achieve:
A. the warranty
B. outcomes
C. utility
D. outputs
Outcomes
A service provider describes a package that includes a laptop with software, licenses, and support. What is this package an example of?:
A. value
B. an outcome
C. the warranty
D. a service offering
Service Offering
Which term describes the functionality offered by a service?:
A. cost
B. utility
C. warranty
D. risk
Utility
Which joint activity performed by a service provider and service consumer ensures continual value co-creation:
A. service provision
B. service consumption
C. service offering
D. service relationship management
Service Relationship Management
What is a means of enabling value co-creation by facilitating outcomes that customers want to achieve?:
A. a service
B. an output
C. a practice
D. continual improvement
Service
Which dimension of service management considers governance, management, and communication?:
A. Organizations and people
B. Information and technology
C. Partners and suppliers
D. Value streams and processes
Organisations & People
The purpose of the __________ is to ensure that the organization continually co-creates value with all stakeholders in line with the organization’s objectives:
A. ‘focus of value’ guiding principles
B. four dimensions of service management
C. service value system
D. ‘service request management’ practice
Service Value System
What considerations influence the supplier strategy of an organization?:
A. contracts and agreements
B. type of cooperation with suppliers
C. corporate culture of the organization
D. level of formality
Corporate Culture of the Organisation
Which value chain activity communicates the current status of all four dimensions of service management?:
A. improve
B. engage
C. obtain/build
D. plan
Plan
How do all value chain activities transform inputs to outputs?:
A. by determining service demand
B. by using a combination of practices
C. by using a single functional team
D. by implementing process automation
By using a combination of practices
What is a guiding principle?
A recommendation that guides an org in all circumstances, regardless of change in its goals, strategies, type of work or management structure. Universal & enduring.
List the seven guiding principles
Focus on value, start where you are, progress iteratively with feedback, collaborate & promote visibility, think & work holistically, keep it simple & practical, optimise & automate
What should you NOT do with individual guiding principles?
Use them in isolation
Complete the missing words: The [?] to optimization.
Road
Complete the missing words: Increasing [?] through [?]
Urgency, visibility