Lean Removes Many Forms of ______________ So Six Sigma Can

question 94

Multiple Choice

Lean removes many forms of ______________ so Six Sigma can focus on reducing _______________.

• A) Waste, variability
• B) Inventory, defects
• C) Waste, cost
• D) Movement, variation

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Definitions:

Sole Proprietor

A business structure where a single individual owns, manages, and bears the responsibilities for all aspects of the business.

Limited Liability

A legal status where a person's financial responsibility is limited to a fixed amount, usually the value of their investment in a company or partnership.

Torts

Civil wrongdoings recognized by law as grounds for a lawsuit, resulting in injury or harm that constitutes the basis for a claim by the injured party.

Vicariously Liable

Legal responsibility of one party for the actions of another party, typically in an employer-employee relationship.