Examlex
Which of the following is an analytical tool used in six-sigma quality improvement programs?
Market Exit
The process of a company stopping its business operations or leaving a market, often due to unprofitability or strategic realignment.
Concentrated Industry
An industry characterized by a few firms controlling a large market share, leading to reduced competition.
Relatively Small
A comparative term indicating that something is smaller in size, amount, or degree when compared to others in a similar context.
Number of Firms
This refers to the total count of businesses operating within a specific market or industry.
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