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ITILFND V4 Exam - Question 192


Which costs are included in the value proposition of a service?

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Correct Answer: AB

The costs included in the value proposition of a service are the money that the service consumer no longer needs to spend because they are using the service. This is because one aspect of a value proposition is the cost savings or cost removal that the service provides to the consumer, thus enhancing its overall value.

Discussion

15 comments
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julyaugmarOption: B
Sep 16, 2021

B is correct. D is the definition of "value".

Lizarda2odOption: B
Jan 17, 2022

B is correct. As per section 2.5.2 of the official ITIL publication “There are two types of costs involved in a service relationship: costs removed from the consumer by the service…(and) costs imposed on the consumer by the service….BOTH types of cost are considered when the consumer assess the VALUE which they expect to service to create.” As pointed out by julyagumar, D is the definition of value, but that is now what is asked for here. The value proposition also includes the cost savings.

ManixOption: A
Oct 19, 2022

Service provider can't know cost removed from customer, only how much his service will cost. So it's A.

Gepro
May 5, 2024

Nobody is saying they know it. The question is not about knowing or not knowing the costs. The questions asks for included costs - no matter if somebody knows them or not. A is wrong. Additional expenses cannot be included. It is an obvious contradiction.

makowskim3Option: B
Aug 20, 2021

costs removed from the consumer by the service (a part of the value proposition). This may include costs of staff, technology, and other resources, which the consumer does not need to provide

LunchTimeOption: B
Dec 11, 2021

B is correct. As per section 2.5.2 of the official ITIL publication “There are two types of costs involved in a service relationship: costs removed from the consumer by the service…(and) costs imposed on the consumer by the service….BOTH types of cost are considered when the consumer assess the VALUE which they expect to service to create.” As pointed out by julyagumar, D is the definition of value, but that is now what is asked for here. The value proposition also includes the cost savings.

bigpete975Option: B
Dec 24, 2021

B is correct.

KOSACAOption: B
Jan 18, 2022

B is correct

[Removed]Option: B
Oct 3, 2022

Its B. Value proposition is TAKING AWAY cost.

ManixOption: B
Oct 24, 2022

Have to correct my vote to B. Costs removed are part of value proposition Costs imposed are costs of service consumption. So it's not A

makowskim3
Aug 20, 2021

Is it correct?

makowskim3
Aug 20, 2021

For me B is better?

Nkparks
Aug 22, 2021

B is correct

makowskim3
Aug 23, 2021

Are you sure? Why?

BLYBOIOption: B
Jan 4, 2022

D is Value

cleonleonOption: B
Sep 8, 2022

B is correct

ready2023Option: D
Mar 19, 2023

D is correct

Bronco30AOption: B
Jul 31, 2023

B includes the value gained

bdemps98Option: B
Sep 21, 2023

B is correct.