The Aspect of Six Sigma That Has Made It Popular

question 83

Multiple Choice

The aspect of Six Sigma that has made it popular with CEOs is ________.

• A) its similarity to continuous improvement programs
• B) its repackaging of quality tools and philosophies
• C) its organization into different levels
• D) the contingency perspective
• E) its cost-reduction orientation

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Definitions:

Primary Beneficiary

The entity that has the majority of risks and rewards from a variable interest entity, leading to the requirement of consolidating the entity's financial statements.

Amortization

The gradual reduction of a debt over a period of time through regular payments or the systematic allocation of intangible asset costs over its useful life.

Unrealized Gain

A profit that results from holding onto an asset rather than selling it, not reflected in cash flow or income until the asset is sold.

Positive Gross Profit

A financial state where a company's revenue from sales exceeds its cost of goods sold.