Which statement BEST describes the value of service strategy to the business?

Higher volumes of successful change is a benefit associated with Change Management within the Service Transition lifecycle stage, not Service Strategy.

Reducing unplanned costs through optimized handling of outages is a concern of Incident Management and Problem Management within Service Operation, not Service Strategy.

Reducing the duration and frequency of service outages is the primary objective of Availability Management within Service Design, not Service Strategy.

Service Strategy enables the service provider to understand what levels of service will make customers successful by analyzing market spaces, customer needs, and desired outcomes - this understanding is the foundation of the entire strategy lifecycle stage in ITIL, ensuring services are designed and delivered around real customer value.