Question: What is the primary purpose of the `ManagedEntity` representation in the context of telecom management and orchestration?
Option 1: To define a new type of Network Resource Model (NRM) for 5G Core (5GC) networks.
Option 2: To facilitate direct communication between User Equipment (UE) and Network Functions (NFs).
Option 3: To represent an instance of an Information Object Class (IOC) defined in various NRMs, for use in provisioning operations and notifications.
Option 4: To manage the lifecycle of Virtual Network Functions (VNFs) in a Multi-Access Edge Computing (MEC) environment.
Explanation: The correct answer highlights the key role of `ManagedEntity` as representing an instance of an IOC defined in NRMs for provisioning operations and notifications, crucial in telecom management for accurately managing and orchestrating network resources across different domains.