Correct answer & explanation
✓Guiding Principles: Recommendations that can guide an organization in all circumstances.
The ITIL 4 Service Value System (SVS) includes Guiding Principles, Governance, Service Value Chain, Practices, and Continual Improvement. Guiding Principles are recommendations; Governance ensures direction and control; the Service Value Chain is the operating model for delivering value; Practices are resources for performing work; and Continual Improvement is the ongoing activity to improve performance. Common confusions involve swapping Governance and Practices.
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