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If a Process Has a Process Capability Index Value (Cp)of

question 18

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If a process has a process capability index value (Cp) of less than 1,it means that:


Definitions:

Personal Liability

The legal responsibility of an individual to cover debt or damages arising from their actions.

Partnership

A business entity legally formed by two or more individuals who collaborate in managing the enterprise and sharing its financial gains.

Taxes

Compulsory financial charges levied by a government on individuals, businesses, or transactions to fund public expenditure.

Sole Proprietorship

A business structure where a single individual owns, manages, and is responsible for all aspects of the business, including liabilities.

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