Which of the Following Is a Similarity Between Lean Production

question 13

Multiple Choice

Which of the following is a similarity between lean production and Six Sigma

• A) Both solely address visible problems in processes.
• B) Both focus on efficiency by reducing waste and improving process flow.
• C) Both are driven by customer requirements.
• D) Both focus on problems related to variation in performance.

---

Definitions:

Business Combinations

Transactions or events in which an acquirer obtains control over one or more businesses.

Acquisition

The process by which one company takes control over another company, either through direct purchase, merger, or management control.

Stockholders' Equity

The ownership interest represented by the value of a corporation's assets minus its liabilities.

Initial Value Method

An accounting practice where an investment is recorded at its original purchase cost.