Final answer:
IT infrastructure is the term that stands for an organization's defined set of IT hardware, software, and networks. It forms the foundation for information systems and technology assets. Option 2 is correct..
Step-by-step explanation:
The term that stands for an organization's defined set of IT hardware, software, and networks is IT infrastructure. IT infrastructure refers to the basic support systems needed to keep an organization's IT operations running smoothly, including hardware like computers and servers, software applications, and network infrastructure such as routers and switches. It forms the foundation for an organization's information systems and technology assets.
Generally, IT infrastructure components include servers, computers, data centers, switches, hubs, routers, and other equipment designed to maintain a network. Also, important are the software applications that are essential for the business processes, like operating systems, productivity tools, and databases. Together, they form the IT assets that are necessary to support the processing, storage, and communication of information within the company.