Define a Value Stream Map

question 106

Essay

Define a value stream map. How does this differ from a regular process map?

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Definitions:

Small Business Investment Companies

Privately owned investment funds licensed by the Small Business Administration (SBA) to provide financing to small businesses through equity or debt investments.

Franchisors

Entities or individuals that grant the right to operate a business under their trademark or brand to another party, known as a franchisee.

Unlimited Life

Refers to entities, typically corporations, that are structured to continue operations indefinitely unless dissolved.