Which of the Following Statements About Six Sigma Quality Programs

question 2

Multiple Choice

Which of the following statements about Six Sigma quality programs is true?

• A) While Six Sigma programs often improve the efficiency of numerous operating processes, there is evidence that the approach can stifle innovative activities.
• B) Six Sigma is a philosophy of managing a set of business practices that emphasizes continuous improvement in all phases of operations and 100 percent accuracy in performing tasks.
• C) Six Sigma's DMAIC process is a particularly good vehicle for improving performance when there are only small variations in how well an activity is performed.
• D) The focus of Six Sigma programs is on the development of new products or new business processes but not on improving existing products or business processes.
• E) Six Sigma is a system of statistical procedures for eliminating 92 percent of the variability in how a task is performed.

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Definitions:

Going Public

The act of selling stock to the public at large by a closely held corporation or its principal shareholders.

Primary Market

The financial market where new securities are issued and sold for the first time to investors, facilitating funds raising for corporations and governments.

Investment Banker

A professional who advises and assists companies on capital market transactions like IPOs, mergers, and acquisitions.

Market Price

The current price at which an asset or service can be bought or sold in the marketplace.