In Lean-Six Sigma, the Japanese Term "Muda" Is Often Used

question 84

Multiple Choice

In lean-Six Sigma, the Japanese term "muda" is often used to describe ________.

• A) process waste
• B) machine processing
• C) product testing
• D) decision making
• E) simulation

---

Definitions:

Market Value

Market value refers to the current price at which an asset or service can be bought or sold in the marketplace.

Retained Earnings

The portion of a company's profit that is held or retained and saved for future use, reinvestment in the business, or to pay debt.

Stock Dividend

A dividend payment made in the form of additional shares rather than a cash payout, often reflecting a company's desire to reward shareholders without reducing cash on hand.

Cash Dividend

A payment made by a corporation to its shareholders, usually in the form of cash, as a distribution of profits.