Which model describes how all components and activities of an organization work together in ITIL?

The Service Value System (SVS) is a comprehensive model that shows how all the different components and activities of an organization come together to facilitate value creation through the delivery of services. In ITIL 4, the SVS emphasizes the importance of a holistic approach, integrating various components such as governance, practices, and continual improvement, to enhance service management.

The SVS encompasses multiple elements, including the guiding principles, governance structure, service management practices, and continual improvement. By illustrating how these elements work in concert, the SVS ensures that organizations can create value not only for themselves but also for their customers and stakeholders.

In contrast, the other options focus on specific aspects or frameworks within ITIL. The Service Management Framework outlines how service management can be organized and structured but does not encapsulate the complete relationship among the various components. The Service Value Network emphasizes the interactions between different entities involved in service delivery but lacks the comprehensive scope that the SVS provides. The Value Creation Model is similarly good at highlighting specific pathways to create value but does not offer the same all-encompassing view as the SVS. This distinction is what makes the Service Value System the correct answer for describing how all components and activities work together to drive value within an organization in IT