A Company's Value Stream Includes All Steps in a Process,both

question 65

True/False

A company's value stream includes all steps in a process,both essential and non-essential,for which the customer is willing to pay.

---

Definitions:

Culture Shock

Perpetual stress experienced by people who settle overseas

Training Transfer

The effective application of skills and knowledge gained through training to the workplace or job functions.

Pay Banding

A method used by organizations to categorize and define the range of compensation given to employees based on their role, skills, or level within the company.

Systems Approach

A way of thinking that considers an organization or process as a set of interconnected parts or systems to analyze and solve problems.