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The Purpose of Deming's _____ Experiment Is to Show That

question 68

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The purpose of Deming's _____ experiment is to show that people can and do affect the outcomes of many processes and create unwanted variation by "tampering" with the process,or indiscriminately trying to remove common causes of variation.


Definitions:

Asset Acquisition

The purchase of all the property of a corporation by another corporation.

Board Of Directors

A group of individuals elected by the shareholders of a corporation to oversee the management and make major decisions about the company's policies and strategies.

SEC

Securities and Exchange Commission - A U.S. federal agency responsible for regulating the securities industry, enforcing federal securities laws, and overseeing the stock and options exchanges.

Takeover

The acquisition of one company by another, where the acquiring company gains control over the target company.

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