Final answer:
The two options available on the navigation pane of the Live Terminal action are Processes and Filesystem, allowing for real-time system process management and file structure navigation respectively.
Step-by-step explanation:
The two options available on the navigation pane of the Live Terminal action are Processes and Filesystem. The Live Terminal is a feature within certain management or development platforms that allows real-time interaction with a system or environment. When using the Live Terminal action, one typically finds options to manage and monitor various aspects of the system. The Processes option allows users to view and manage the processes running on the system. This can include terminating or changing the priority of processes. The Filesystem option, on the other hand, allows users to navigate through the directories and files, view file contents, and modify file structure if necessary.