Log management is a critical system management function highlighted in CompTIA Linux+ V8, particularly in multi-server environments. As the number of systems and applications grows, managing logs locally on each server becomes inefficient and error-prone.

The best solution is to implement a centralized log aggregation solution, making option B correct. Centralized logging collects logs from multiple systems and applications into a single, secure location. This simplifies monitoring, searching, correlation, auditing, and incident response. Common solutions include syslog servers, ELK/EFK stacks, and SIEM platforms.

Linux+ V8 documentation emphasizes centralized logging as a best practice for availability, troubleshooting, and security analysis. It enables administrators to detect patterns, investigate incidents, and maintain compliance more effectively than isolated log files.

The other options are insufficient on their own. On-demand retrieval does not scale well. Log backups protect data but do not simplify analysis. Log rotation manages disk usage but does not address distributed log complexity.

Therefore, the correct answer is B. Implement a centralized log aggregation solution.