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

Question

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A company's value stream includes all the steps (both value-added and non-value-added) required to bring a product or service from its initial concept to the customer. However, the customer is typically only willing to pay for steps that directly add value to the product or service, not for non-essential steps.

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