The cloud deployment model that features organizational ownership of the hardware and infrastructure, and usage only by members of that organization, is known as:

The correct response pertains to the private cloud deployment model, which is characterized by an organization owning its hardware and infrastructure. This model allows exclusive use by members of that organization. In a private cloud environment, the organization has greater control over the computing resources and data security, which is particularly beneficial for businesses with strict regulatory and compliance requirements.

The private cloud can be hosted either on-premise or by third-party service providers, but the key aspect is that it is dedicated solely to a single organization. This ensures that sensitive data is more secure, as there is no shared infrastructure with external entities.

Understanding the private cloud model is crucial because it helps organizations define their data governance, security protocols, and overall IT strategy, ensuring that they meet their unique operational needs and compliance obligations.