At the Heart of the Six Sigma Program Is a Five-Step

question 6

Multiple Choice

At the heart of the Six Sigma program is a five-step process called D-M-A-I-C.These letters denote a major activity that must be completed to achieve the objectives of Six Sigma.These activities are:

• A)Define, Measure, Analyze, Improve, Control.
• B)Define, Measure, Analyze, Inquire, and Compare.
• C)Define, Measure, Analyze, Involve, and Cost.
• D)Define, Measure Analyze, Improve, and Compare.

Learn the role and timing of employment interviews and realistic job previews in selection.

Acknowledge how organizational factors influence selection procedures.

Assess the accuracy and relevance of different selection tools.

Understand the concept of selection ratio.

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Definitions:

Price-Earnings Ratio

A measurement that contrasts a firm's stock price with its earnings per share to determine if its shares are valued appropriately.

Dividends

Distributions of earnings to stockholders; an account representing the distribution of a corporation’s earnings to stockholders.

Dividend Yield

A financial ratio that measures the dividend paid to shareholders relative to the market value per share, indicating the earnings from investment in stocks.

Market Price

The present rate at which a product or service can be purchased or sold in the market.