Describe Each of the Tools of Six Sigma and Then

question 31

Essay

Describe each of the tools of Six Sigma and then provide at least one example of how each tool might be used by a small café to examine their processes.

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Definitions:

General Journal

The general journal is a primary accounting record used to document all business transactions in chronological order, detailing debits and credits for each entry.

Accounts Payable

Short-term liabilities of a company, representing amounts owed to suppliers or creditors for goods and services received but not yet paid for.

Office Supplies

Consumable items used in offices on a regular basis, such as paper, pens, and toner cartridges.

Cash Dividends

Dividends paid out in cash by a company from its earnings to its shareholders at declared dividend dates.