____ Refers to the Integration of Six Sigma and the Lean

question 16

Multiple Choice

____ refers to the integration of Six Sigma and the Lean approach.

• A) ISO 9000
• B) quality management
• C) supply chain management
• D) Lean Six Sigma

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Definitions:

Net Income

The remaining earnings of a company post all tax and expense deductions from its total sales.

Common-Sized Income Statement

An income statement in which each line item is expressed as a percentage of sales, facilitating comparison across periods or companies.

Total Assets

The sum of all assets owned by a company, including current, non-current, tangible, and intangible assets.

Financial Ratios

Quantitative measures derived from financial statement analysis used by stakeholders to evaluate a company's financial health and performance.