A Company That Successfully and Methodically Applies Six Sigma Methods

question 38

Multiple Choice

A company that successfully and methodically applies Six Sigma methods to its value chain, activity by activity, can

• A) clearly consider what it will take to overtake rivals with the industry's overall best strategy.
• B) make major strides in improving the proficiency with which its strategy is executed without sacrificing innovation.
• C) increase its bargaining power with suppliers and create better seller-supplier collaborations.
• D) assess the extent to which rivals have competitively valuable competencies or capabilities.
• E) construct a business model that entails a value proposition based on quality.

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Definitions:

Male Generic Terms

Language expressions that appear to be neutral but are biased towards male identification, often excluding or rendering invisible the female experience.

Research Evidence

Information, data, or findings obtained through systematic investigation that support or refute a hypothesis, theory, or claim.

Mankind

Represents the human species as a whole, often used to refer to humanity.

Stereotypes

Oversimplified and generalized beliefs or conceptions about characteristics, attributes, and behaviors of members of a certain group.