Scenario 6.1 El Gran Raton, the Producers of the Finest Carpincho Wallets

question 63

Multiple Choice

Scenario 6.1
El Gran Raton, the producers of the finest carpincho wallets in all of Argentina, examined their production process in the form of a value stream map, displayed below.

Daniel Penfield artist
-In Scenario 6.1, what is the significance of the two jagged arrows leading from the box labeled Production Control to the boxes labeled Supplier and Customer?

• A) the arrows represent flows of information
• B) the arrows represent flows of money
• C) the arrows represent the flows of materials
• D) the arrows represent the passage of time

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Definitions:

Social Responsibility Strategy

A company's approach to conducting business in an ethically responsible way, taking into account social, environmental, and economic impacts.

Stakeholders

Individuals or groups that have an interest in the success and actions of an organization, project, or initiative.

Motivated To Act

A state in which an individual or group is driven to take action by internal or external factors.

Corporate Social Responsibility

involves the practices and policies undertaken by companies to be socially accountable to the public, their stakeholders, and the environment.