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Which of the Following Is Not Part of the DMAIC

question 155

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Which of the following is not part of the DMAIC process in Six Sigma management?


Definitions:

Portfolio Planning

A strategic approach in which investments or projects are selected and managed as a portfolio, considering the balance of risk and reward to achieve overall objectives.

Investments

The act of allocating resources, usually money, with the expectation of generating an income or profit.

SWOT Analysis

A strategic planning tool used to identify and understand an organization’s Strengths, Weaknesses, Opportunities, and Threats.

Substitute Products

Products that serve as alternatives to each other; when the price of one increases, the demand for the alternative typically increases.

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