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