Which of the following is an advantage of effective service catalog management?

Effective service catalog management is crucial for ensuring that the services offered by an organization are closely aligned with the needs and expectations of the business and its customers. When service catalog management is conducted proficiently, it provides a comprehensive view of all available services, facilitating better decision-making and prioritization based on actual business requirements.

This alignment ensures that services are developed and delivered in a manner that meets customer demands, thereby enhancing customer satisfaction and service utilization. Furthermore, it fosters communication between business units and service providers, ensuring that everyone is on the same page regarding what services are available and how they can meet specific business functions. By prioritizing services that deliver the greatest value to the organization, service catalog management promotes efficiencies and can lead to improved overall performance.

In contrast, while increased customer acquisition, reduction in service prices, and faster employee training processes might be beneficial outcomes of various strategies, they don't directly stem from the principles of effective service catalog management. Rather, effective service catalog management specifically aims to enhance the fit between what is offered and what is required by the business, making it a pivotal element in service delivery and management.