Six Sigma Programs

question 85

Multiple Choice

Six Sigma programs

• A)utilize advanced statistical methods to improve quality by reducing defects and variability in the performance of business processes.
• B)consist of a disciplined, statistics-based system aimed at producing not more than 2.5 defects per million iterations for a manufacturing or assembly process.
• C)are based on three principles: (1)all work is a statistically controllable process; (2)no well-controlled process allows variability; and (3)defect-free work requires tight statistical controls.
• D)suggest that all activities can be controlled, employee empowerment is the best control tool, and 100 percent control is possible.
• E)radically redesign and streamline how an activity is performed.

Analyze the difference in expected returns between the single factor model and the Fama-French Three Factor Model.

Calculate the expected return of a well-diversified portfolio using both single and multifactor models.

Evaluate the impact of systematic risk factors on asset returns in the context of both one-factor and multifactor models.

Differentiate between the roles of firm-specific risk and market-wide risk in asset pricing models.

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Definitions:

Market Competition

The rivalry among businesses to attract customers and gain market share through price, product quality, services, and innovation.

Unfairly Restricting

refers to practices or policies that unduly limit the freedoms or opportunities of individuals or entities, often in a manner that is deemed unjust or biased.

Anticompetitive Behavior

practices by businesses that reduce competition in the market, often scrutinized under antitrust laws.

Federal Law

Federal law refers to the body of law created by the federal government of a country, in the United States it is the law enacted by Congress.