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Which of the Following Is an Analytical Tool Used in Six-Sigma

question 62

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Which of the following is an analytical tool used in six-sigma quality improvement programs?


Definitions:

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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