In ITIL, customer perceptions and business outcomes are key components in defining the value of a service. Value is determined by:
Utility: What the service does (fit for purpose)
Warranty: How well the service performs (fit for use)
Customer perception: How the customer experiences the service
Business outcomes: The results the service helps the business achieve
These elements together help assess whether a service truly delivers value to the customer and the organization.
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Tolusal
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