Microsoft Entra ID is your go to solution for managing identities across different scenarios.

For your internal employees whether you’re fully in the cloud or hybrid Entra ID handles access and identity.
And if you’re building apps for customers, Entra ID B2C is the way to go.
| If you need this | Use this |
|---|---|
| Provide identity and access management for employees in a cloud or hybrid environment. | Entra ID |
| Collaborate with guest users and external business partners like suppliers and vendors. | Entra ID Business to Business (B2B) |
| Control how customers sign up, sign in, and manage their profiles when they use your applications. | Entra ID Business to Consumer (B2C) |
Also make sure you understand how Entra ID supports role based access control, conditional access, identity protection, and access reviews.

Design for identity protection
These are features that are essential for securing your environment and are definitely test worthy questions.
Links:
https://docs.microsoft.com/en-us/azure/active-directory/governance/access-reviews-overview
https://docs.microsoft.com/en-us/azure/active-directory/authentication/concept-sspr-licensing
https://learn.microsoft.com/en-us/entra/id-protection/overview-identity-protection