What Does the Second Letter Mean in the Six-Sigma DMAIC

question 8

Multiple Choice

What does the second letter mean in the Six-Sigma DMAIC acronym?

• A)Maximize
• B)Measure
• C)Mentor
• D)Mobilize

---

Definitions:

Interest Paid

The amount of money paid by a borrower to a lender over a specified time period for the use of borrowed funds.

Foreign Exchange Risk

The potential for loss due to fluctuations in foreign exchange rates affecting the value of foreign currency-denominated transactions.

Exchange Rates

The rate at which one currency can be exchanged for another currency in the foreign exchange market.

Loan Repayment

The process of paying back borrowed money, typically consisting of principal and interest components, over an agreed period.