Once a Process Is 'In Control,' the Tool Used to Continuously

question 24

Multiple Choice

Once a process is 'in control,' the tool used to continuously monitor the process is a:

• A) Pareto diagram
• B) Histogram
• C) Flowchart
• D) Control chart
• E) None of the above

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Definitions:

Share of Stock

A unit of ownership in a corporation that entitles the shareholder to a portion of the corporation's earnings and assets.

Share Value

The financial worth of a single share of a company's stock.

Dividend Policy

Dividend Policy is a company's strategy or guidelines used to decide how much of its earnings will be paid out to shareholders in the form of dividends.

Common Stock

This is a type of security that signifies ownership in a corporation and represents a claim on part of the company's profits.