Which of the Following Is Not True About Six Sigma

question 81

Multiple Choice

Which of the following is not true about Six Sigma?

• A) It is a process for reducing defects and eliminating variation.
• B) It literally means a maximum of 3.4 defects per thousand occurrences.
• C) It includes five steps: define, measure, analyze, improve, and control.
• D) The CEO is often the driving force for implementing Six Sigma.

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Definitions:

Natural Monopoly

A market situation where a single firm can supply a good or service to an entire market at a lower cost than could multiple firms.

Minimum Efficient Scale

The smallest scale of production at which long-term average costs are minimized, reflecting the point at which economies of scale are fully exploited.

Exclusive Legal Right

An exclusive legal right is a privilege granted by law to an individual or entity to engage in a particular activity or to use a particular property, which is protected against infringement or unauthorized use by others.

Patent

is a legal right granted to an inventor or assignee, providing exclusive rights to make, use, or sell an invention for a certain number of years in exchange for public disclosure of the invention.