Which of the following can be utilized to manage raster data?

The correct choice, a mosaic dataset, is specifically designed for handling raster data in a way that allows for the management and analysis of multiple raster datasets as a single entity. Mosaic datasets provide functionality to incorporate various raster files, enabling users to manage large amounts of spatial data efficiently. They can be used to create seamless images, apply different processing techniques, and allow for dynamic updates of the underlying raster datasets, making them essential for applications such as satellite imagery analysis or aerial photography projects.

While shapefiles pertain to vector data and are not suitable for raster management, lidar is a form of point cloud data, and spectral bands are specific layers within a raster dataset rather than a data management structure. Mosaic datasets are integral in ensuring effective processing, visualization, and analysis of raster information, which contributes significantly to geospatial analysis workflows in ArcGIS Pro.