In the Context of the DMAIC Process,_____ Provide a Broad

question 63

Multiple Choice

In the context of the DMAIC process,_____ provide a broad overview of the key elements in the process and help to explain who is the process owner,how inputs are acquired,who the process serves,and how it adds value.

• A)Pareto diagrams
• B)SIPOC maps
• C)cause-and-effect diagrams
• D)histograms

---

Definitions:

Technical Analyst

A professional who evaluates securities by analyzing statistics generated from trading activity, such as price and volume.

Mental Accounting

A psychological phenomenon where people treat money differently depending on its origin, intended use, or other subjective criteria.

Gold Futures

Contracts to buy or sell gold at a future date at a price that is agreed upon today, used for speculation or hedging.

Conservatism

In finance, it refers to a risk-averse approach to investing or managing assets, prioritizing safety and preservation of capital.