A value stream is defined as the series of steps an organization undertakes to create and deliver products or services, transforming demand into value.
Question 2
WhichBESTdescribes the service relationship journey?
Options:
A.
The actions that a service provider undertakes to build a relationship with service consumers
B.
The experience consumers have as a result of service interactions with a service provider
C.
The steps a service consumer and a service provider undertake together to co-create value
D.
The actions that service consumers undertake to be able to use a provider’s services
Answer:
C
Explanation:
The service relationship journey encompasses the collaborative steps taken by both the service consumer and provider to co-create value through their interactions.
Question 3
Which is an example of ‘Analysing the Voice of the customer’?
Options:
A.
Interpreting feedback from customers about a software application and prioritizing actions
B.
Responding to a customer regarding their concerns about relationship management activities.
C.
Surveying customers about their opinions of a new software application
D.
Performing regular reviews of'Voice of the customer' activities
Answer:
A
Explanation:
Analysing the Voice of the Customer involves reviewing and interpreting customer feedback to identify priorities and actions, which is exemplified by interpreting feedback and prioritizing actions.