By the definition of component:
There are some differences on what can be achieved on each one of these, and are further explained here:
Main differences for me: Labels can be defined by anyone, components are admin managed and can have default assignee.
See also related topic here: https://www.linkedin.com/pulse/stories-vs-epics-components-modelling-product-jira-piotr/
I have multiple projects that use variations of the same base workflow. The variations depend on the requirements of the project or issue type. The variations mostly come in the form of new statuses ...
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