A Value Stream Map Shows the Flows of Materials and Information

question 117

True/False

A value stream map shows the flows of materials and information and the lines of responsibility and authority.

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Definitions:

Career Success

The attainment of professional achievements and satisfaction as perceived by an individual, often measured by promotions, recognition, and personal fulfillment.

Lifelong Learning

The ongoing, voluntary, and self-motivated pursuit of knowledge for personal or professional reasons.

Desired Performance

Desired Performance specifies the level of competence or results that an organization, team, or individual aims to achieve.

Intellectual Capital

The intangible value of a business, covering its people (human capital), the value relating to its relationships (relational capital), and everything that is left when the workers go home (structural capital), which includes the proprietary knowledge.