Which ITIL Component Is an Ongoing, Iterative Process of Tracking

question 217

Multiple Choice

Which ITIL component is an ongoing, iterative process of tracking all deployed and configured resources that an organization uses and depends on, whether they are hosted in a traditional data center or a cloud?

• A) Problem management
• B) Continuity management
• C) Availability management
• D) Configuration management

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Definitions:

Allocative Inefficiency

Allocative Inefficiency occurs when the allocation of resources does not correspond to consumer preferences, resulting in misallocation of resources and potential welfare losses.

Pure Monopolist

A market situation in which a single company or entity exclusively controls the supply of a particular good or service, with no close substitutes.

Price Discrimination

A pricing strategy where a firm sells the same product at different prices to different groups of consumers, based on their willingness to pay.

Movie Theater

A place where films are shown to the public for entertainment, typically featuring large screens and seating areas.