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